OCR Text |
Show Estate rrl By Del Rich A r REALTOR I REAL ESTATE VS DOW JONES I When we compare the results over the past 20 years between stock market profits .. and real estate increases, we'll see quite a dramatic difference in dollars. In the decade from January 1960 to January 1970, the Dow Jones Industiral average jumped from 688 to 800 - an increase :, of 16 percent in ten years. During the same ten-year period, the median home price increased from $18,307 to $27,022 - an appreciation of 48 percent of triple the Dow. By January 1980 the Dow Jones average still sat at the 838 level for a 20-year 20-year appreciation of 22 percent while home prices continued to increase faster than the cost of living to $56,300 up 300 percent since 1960. Today, the Dow Jones is far below its peak (it reached 1,000 in Spring of 1977) while home prices keep rising faster than the cost of living. No matter how you slice the cake, an investment in real estate over the past 20 years has proven to far outstrip any stock market increase. And the trend is widening in favor of real estate. Thinking of selling your home? It makes sense to list with the most 1 active office in the Southern Utah area. DEL. RICH REALTY - Center & Main |