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.
2477 E Glenhaven Drive Phoenix, AZ 85048
9598 E Southwind Lane Scottsdale, AZ 85262
1523 N 103rd Street Mesa, AZ 85207
7934 W Orangewood Avenue Glendale, AZ 85303
56444 N Vulture Mine Road Wickenburg, AZ 85390
23632 N 81st Place Scottsdale, AZ 85255
3730 E Cloud Road Cave Creek, AZ 85331
1637 N Quartz Valley Road Scottsdale, AZ 85266
110 Appaloosa Way Sedona, AZ 86336
7730 N 2nd Avenue Phoenix, AZ 85021
38844 N 11th Avenue Phoenix, AZ 85086
11656 N Silverwood Drive Oro Valley, AZ 85755
.