Monday, November 30, 2009

When to Buy Real Estate


WHEN TO BUY REAL ESTATE...


1917...The Prices of Houses Seem to have Reached a Plateau and there is Reasonable Expectancy that Prices Will Decline...~Time~December 1, 1917

1918...House Cost Too Much for the Mass Market...Today's Average Price is Around $8,000...Out of Reach for Two-Thirds of All Buyers...~Science Digest~April 1918...


1969...The Goal of Owning a Home Seems to Be Getting Beyond the Reach of More and More Americans...The Typical House Today Cost $28,000...~Business Week~September 1, 1969...


1977...The Median Price of a Home Today is Approaching $50,000...Housing Experts Predict that in the Future Price Rises Won't Be that Great...~Nations business~June 1977...


1980...In California for Example...it is Not Unusual for Families of Average Means Buying $100,000 Houses...I'm Confident Prices Have Passed Their Peak...~John Wesley English and Gray Emerson Candiff...The Coming Real Estate Crash~...1980


1985...If You're Looking to Buy, Be Careful...Rising Home Values are Not a Sure Thing Anymore...~Miami Herald~October 23, 1985...


1986...Most Economist Agree...A Home Will Become Little More than a Roof & Tax Deduction, Certainly Not the Lucrative Investment it Was Through Much of the 1980's...~Money 1986~...


1993...We're Starting to Go Back to the Time When You Bought a Home Not for it's potential Money-Making Abilities, but Rather as a Nesting Spot...~Los Angeles Times~January 1, 1993...


1993...Financial Planners Agree that Houses Will Continue to Be a Poor Investment...~Kiplinger's Personal Financial Magazine~November, 1993...


1996...A Home is Where the Bad Investment Is...~San Francisco Examiner~November 17, 1996...


2000...Your Home is a Roof Over Your Head...It is Not An Investment...~Everything You Know About Money is Wrong~...2000

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