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To: Lou L

National average. Two years ago. Would have to look up the source.


21 posted on 02/01/2006 6:27:03 AM PST by Juan Medén
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To: Juan Medén
National average. Two years ago. Would have to look up the source.

My point exactly. Housing couldn't have been any hotter than two years ago, and these numbers are skewed by using the national average, rather than more realistic local averages.

Hot real estate markets like Vegas, Arizona, Florida and places in California greatly distort national averages. I'm not saying the past couple of years haven't been good for real estate--they have. I'm simply saying that for personal savings--which this article was about--is about the long-term. You're not going to get anywhere near 17% over the long haul in most real estate markets.

43 posted on 02/01/2006 8:25:03 AM PST by Lou L
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