While there are pockets of extreme price increase within our economy, there remain many indications of deflation or, at best, an extended bottom.
We find with ease reports which show real estate prices in many of the top markets at all time highs with every passing day bringing another top.
I suspect, were an overall average of all real estate prices viewed, there would be only a 1-5% increase.
With a few moments of reserch, here are examples of real estate prices ranging from those seen in late 60's to the late 70's:
Pampa TX
1201 Farley 3/1.5/3 car gar., corner lot, $20,000
Wheeler, Tx.,
$12,000 - OLDER 2 br. home and extra lot, 1000 Canadian, .
Plainview TX
Over 3000 sq. ft. 3/2/2, office, LR, den/dining area, bsmt, FP. 14.74 acres with well, 4 barns, outbuildings. $175,000.
Tucumcari, NM
3 BR, 1 1/2 BA house with 3 lots. $14,000. 1001 La Casillas St.
Trinidad, CO
Commercial Golden Nugget Lounge & Restaurant
Pricing: $ 75,000 Location: 110 Santa Fe Trail, Trinidad, CO. Bedrooms: 0 Baths: 2
Features: This restaurant with Colorado liquor license. Established operating business in a good location just off of Interstate-25.Victorian building. Owners motivated.
2650 DELAGUA $130,000 3 bedrooms, 2 full baths. The den has a rock alcove for the buck stove.
Alamogordo, NM
3 Bedroom., 1 3/4 Ba., w/pitched roof, 1 car garage & workshop Recently remodeled ; new carpets, bathrooms and plumbing throughout. Stove, fridge and dishwasher incl. 1733 Monte Vista Ct. Only $62,500
Stapleton, NE
2-3 Bdrm, 2 full baths, large rooms, custom cabinets, lifetime siding, 2 shops, 1 insulated, rocked & heated, on 1 acre, in . $69,900
North Platte, NE
2 Story Home in Good Neighborhood, Bsmt., 2 Bdrms. upstairs, 1 Bdrm. & Bath on Main Floor, Big Kitchen, Frnt. Rm., Dining Rm. 409 S. Ash, . $49,900.
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