Americans continue to choose real estate as the “best long-term investment” when given a choice between it and gold, stocks and mutual funds, savings accounts, and bonds. In fact, 35 percent of respondents to a recent poll from Gallup said they thought real estate was the best investment, up from 19 percent in August 2011. Stocks and mutual funds came in second at 22 percent and gold – which topped the list just five years ago – was preferred by only 17 percent of respondents. Gold prices have fallen over the past few years and, as a result, the number of Americans that consider it a good investment has dropped. Real estate, on the other hand, has been rebounding. The average sale price of new homes has risen to $348,900 from $259,300 since 2011 and, with home prices still rising, so has the number of participants who chose it as the safest investment. However, the results vary when broken down into demographic groups. For example, Americans under the age of 30 were the least likely age group to choose real estate and the most likely to prefer savings. On the other hand, stocks were preferred most by Americans with higher incomes. Surprisingly, renters were almost as likely as homeowners to pick real estate as the best investment. More HERE.
6125 E Hodges Street Cave Creek, AZ 85331
19759 N 83rd Place Scottsdale, AZ 85255
3910 E Sheila Lane Phoenix, AZ 85018
25099 S 190th Street Queen Creek, AZ 85142
23721 N 123rd Place Scottsdale, AZ 85255
100 W Northern Avenue Unit 6 Phoenix, AZ 85021
3011 E Los Gatos Drive Phoenix, AZ 85050
37143 N Greythorn Circle Carefree, AZ 85377
14715 N Adero Canyon Drive Fountain Hills, AZ 85268
4201 N 42nd Place Phoenix, AZ 85018
7151 E Rancho Vista Drive Unit 5001 Scottsdale, AZ 85251
6827 E Ivyglen Street Mesa, AZ 85207
.