09Jan2008
Dan Green
Author
Dan Green
Filed Under
Real Estate Sales

It’s Good When The Pittsburgh Steelers Lose In The NFL Playoffs

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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)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
Author
Dan Green

About the Author

Dan Green (NMLS #227607) is an active loan officer with Waterstone Mortgage. Email Dan ator click to get a free, no-obligation rate quote.

You can also find Dan on Twitter and Google+.