Why Use RE/MAX?

203219 Resource 178435 178982 178982 1210117988014 1210118540637 Controlled Some Perspective on “Doom and Gloom” in Real Estate

Now is NOT the time to be discouraged from investing in real estate

Naysayers are nothing new when it comes to real estate. Now a Scottsdale, AZ RE/MAX agent has compiled some of the best of the worst real estate market predictions.  I offer them here for your mid-week entertainment.These comments mirror the frequent "fear factor" news we hear almost daily in Flagstaff and elsewhere. The good news is that each and every short-term decline in real estate has been temporary and has been followed by long-term price appreciation. Here we go:"The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline." - Time magazine, 1947 "Houses cost too much for the mass market. Today's average price is around $8,000 - out of the reach for two-thirds of all buyers." - Science Digest, 1948 (National real estate values have appreciated 2,650 percent since 1948.)"The goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs about $28,000." - Business Week, 1969 (National real estate values have appreciated 685 percent since 1969.)"You might well be suspicious of 'common wisdom' that tells you, 'Don't wait, buy now - continuing inflation will force home prices and rents higher and higher.'" - NEA Journal, 1970"The median price of a home today is approaching $50,000. Housing experts predict price rises in the future won't be that great." - Nations Business, 1977 (National real estate values have appreciated 340 percent since 1977)"The era of easy profits in real estate may be drawing to a close." - Money magazine, 1981"The golden-age of risk-free run-ups in home prices is gone." - Money magazine, 1985"Most economists agree ... [a home] will become little more than a roof and a tax deduction, certainly not the lucrative investment it was through much of the 1980s." - Money magazine, 1986"Financial planners agree that houses will continue to be a poor investment." - Kiplinger's Personal Financial magazine, 1993 (my Flagstaff land investment of 1993 has tripled in value)"A home is where the bad investment is." - San Francisco Examiner, 1996 (National real estate values have appreciated 88 percent since 1996)"Home prices experience historic drop." - CNNMoney.com, 2007 .....Thanks to <a title="Terry Forsberg RE/MAX Fine Properties - Scottsdale AZ" href="http://www.terryforsberg.com/" target="_blank">Terry Forsberg, RE/MAX Fine Properties</a>, Scottsdale, AZ.   Source: RE/MAX Times Online 4/28/08 – available only to RE/MAX affiliates. 9 application/xml false Flagstaff real estate RE/MAX real estate market real estate market news Why Use RE/MAX? Here's a short video with some great reasons to hire a RE/MAX agent http://www.remax.com/RSN/reach.asx Is 2008 the Year You Will Wish You Had Purchased Your Flagstaff Home? There may never be a better time to buy your Flagstaff home http://blog.bestflagstaffhomes.com/public/item/201418 Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.04506.30; .NET CLR 3.0.04506.648) 127.0.0.1 127.0.0.1 aheitland 75.160.24.218 false true false false true 178975 false false true false false false true 178435 blog blogsite/BestFlagstaffHomes/web