Roland Buckles: What the "Experts" say about housing prices!

Sometimes it is hard to discern what is really true about today's housing market. If you are looking for bad news, it is easy to find. But the good news is just as prevalent. Think of what you would have missed if you had listened to some of the "EXPERTS" throughout the years.

"The prices of houses seem to have reached a plateau, and there is a reasonable expectancy that prices will decline"
Time Magazine 1947
(average price at that time: $7,000)

"Houses cost to much for the mass market. Today's average price is out of reach for two-thirds of all buyers."
Science Digest 1948
(average price at that time: $8,000)

"The goal of owning a home seems to be getting beyond the reach of more and more Americans."
Business Week 1969
(average price at that time: $28,000)

"The era of easy profits in real estate may be drawing to a close."
Money Magazine 1981
(average price at that time: $71,000)

"If you are looking to buy, be careful. Rising home values are not a sure thing anymore."
Miami Herald 1985
(average price at that time: $90,000)

"Most economists agree... a home will become little more than a roof and a tax deduction, certainly not the lucrative investment it was."
Money Magazine 1986
(average price at that time: $100,000)

"We are starting to go back to the times when you bought a home not for it's potential Money-making abilities, but rather as a nesting spot"
Los Angeles Times 1993
(average price at that time: $145,000)

"Financial planners agree that houses will continue to be a poor invetment"
Kiplinger's Personal Financial Magazine 1993
(average price at that time: $145,000)

"A home is where the bad investment is."
San Francisco Examiner 1996
(average price at that time: $155,000)

Information Provided by

Saddletree Homes 1821 Austin Bluff's Parkway Colorado Springs, CO 80918

Roland Buckles

www.RolandBuckles.com

702-339-1389

Coldwell Banker

WArdley R.E.