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What Happened to The Housing Market?

June 10, 2011

Many of us don’t remember a time when it wasn’t commonly accepted that a house was one asset that would only appreciate and be an integral part of retirement planning.  What happened? 

Gregory Ingram, president and CEO of the Lincoln Institute which is a highly-respected think tank dealing with public policy issues associated with land and land-related taxes both domestically and internationally, wrote an article with a concise explanation of key components that lead to the recent housing meltdown .  In his review of Ingram’s comments, Andrew Jaffe of the Pennsylvania Association of Realtors illustrates some of the lessons we should learn from the last 5 years. 

Read more here: http://www.parjustlisted.com/archives/7785?utm_medium=email&utm_campaign=fc34b18f23-RSS_EMAIL_CAMPAIGN&utm_source=PAR+Just+Listed+Daily+E-News#utm_source=feed&utm_medium=feed&utm_campaign=feed.

It is only by understanding our history that we can avoid similar mistakes in the future.  Somebody famous said something similar and I believe it.

Patty Cunningham, Realtor®
Coldwell Banker Preferred
Exton, PA 19341
O.        610.363.6006
C.        610.659.4669
Lic #RS294054

 

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