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Don’t Bet Against Housing

Why Betting Against the Housing Market is a Losing Strategy

Let’s talk about an unexpected but powerful analogy: "When in Vegas, don’t bet against the house." How does this apply to the housing market? Let’s dive into home appreciation by decade to illustrate this point.

In the unpredictable world of investments, one thing has remained remarkably consistent: the value of housing. Over the past 81 years, the housing market has proven to be a reliable and profitable investment. Here’s why you can bet on housing with confidence:

A Proven Track Record (see #1) ➡️

  • Consistent Growth: Since 1942, home values have increased in 73 out of the last 81 years. This means that for 90% of the time, homeowners have seen their investment grow.
  • Minimal Decline: Home values have only declined in 7 years, showing resilience even during economic downturns.
  • Steady Performance: Only once in 81 years did the housing market break even, highlighting its stability.

Resilient Through Economic Challenges

The housing market has weathered various economic storms, from World War II and the Great Recession to the recent COVID-19 pandemic. Despite these challenges, home values have continued to rise, making housing a steadfast investment.

Decade-by-Decade Reliability

  • 1940s - 90% Growth: Even through WWII and the post-war recession, housing values soared.
  • 1950s - 32% Growth: The market remained strong during the Korean War boom and recession.
  • 1960s - 21% Growth: Despite rolling adjustments and economic shifts, housing continued to appreciate.
  • 1970s - 88% Growth: The market thrived through the oil embargo recession.
  • 1980s - 59% Growth: Home values grew amidst the Iran revolution and Fed Chairman Volcker’s recession.
  • 1990s - 27% Growth: Despite a brief dip, housing rebounded strongly by the end of the decade.
  • 2000s - 45% Growth: The market recovered from the Dotcom crash and Great Recession.
  • 2010s - 39% Growth: Even through economic recovery phases, home values steadily increased.
  • 2020s - 46% Growth: Housing has remained strong despite recent global economic challenges.

Home Values Increased 315% Since 1991 (see #2) ➡️

According to the data from 1991 to 2024, home values have appreciated significantly by 315%. This long-term trend highlights the consistent growth in the housing market and emphasizes the enduring value of homeownership as a wealth-building tool.

Home Values Increased $28,000 Nationally Year-Over-Year (Q1 2024) (see #3) ➡️

In the first quarter of 2024, the national average home value increased by $28,000 compared to the previous year. This year-over-year growth underscores the current strength of the housing market, even in the face of broader economic challenges.

Buying A Home Is a Smart Investment

Investing in a home isn’t just about having a place to live; it’s about building wealth over time. The data clearly shows that home values have a strong upward trajectory, making housing a reliable and profitable investment.

Take the Next Step

Whether you're a first-time homebuyer or a seasoned realtor, remember: Don't Bet Against the House! Trust in the historical performance of the housing market and make a smart investment for your future.

Explore our listings and find your dream home today. The house always wins, and with the right investment, so will you.

If you have any questions or need more information, please don't hesitate to contact us. We're here to help you every step of the way!

Ready to start your home journey? Click here to submit your loan application today!

Michael Thayer


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