In NAR’s own words:
Buying a home is a great way to build long-term wealth. There are some other important dividends, too.
To counter recent negative housing reports in the media, NAR is helping local REALTOR® associations across the country explain the real facts behind the real estate market in their area.
NAR has created a print ad that targets potential home buyers, educating them about the long-term value of housing and providing insight into local real estate markets to help buyers make informed decisions about what can be the biggest investment opportunity of their lives.
A full-page version of the ad will run in USA Today on November 2 and November 9, 2007. Local versions of the ad will run in select markets nationwide on November 4 and November 11, 2007.
www.realtor.org/pac.nsf/pages/marketfacts
The Ad itself:
www.realtor.org/pac.nsf/pages/marketfacts
In the category of "someone should have thought deeper about it first", one of the benefits that the NAR is touting is that:
"Sixty percent of the average homeowner’s wealth is their home equity"
Let us think about that. . . .
