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Call Dan at 877-DAN-GREEN |It’s Good When The Pittsburgh Steelers Lose In The NFL Playoffs
Posted on January 9, 2008
Filed under Real Estate Sales
Read the complete post
In their storied franchise history, the Pittsburgh Steelers have won 5 Super Bowls.
In 4 of those 5 years, national real estate markets have faltered (adjusted for inflation):
- 1975: Housing remained flat
- 1976: Housing gained slightly
- 1979: Housing fell dramatically
- 1980: Housing fell dramatically
- 2006: Housing fell slightly
This year, real estate markets can rejoice. The Pittsburgh Steelers are out of the playoffs; Jacksonville bounced them on their home turf 31-29.
On the flip side, investors in the stock market may want to rally behind Green Bay.
Following The Pack's last three championships, the market returned a healthy 6% in 1967, 9% in 1968, and 19% in 1997.
Source
A Slowdown Ahead
The New York Times, August 25, 2007
http://graphics8.nytimes.com/images/2007/08/25/business/housing-graphic.jpg
Dan Green is an active loan officer. Reach Dan via email at or call toll-free to 877-DAN-GREEN.
