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.
1244 E Smokehouse Trail Phoenix, AZ 85085
23323 S 199th Place Queen Creek, AZ 85142
2069 E Cedar Place Chandler, AZ 85249
36447 N Livorno Way Scottsdale, AZ 85262
8449 E Sage Drive Scottsdale, AZ 85250
8281 E San Salvador Drive Scottsdale, AZ 85258
27715 N 164th Place Scottsdale, AZ 85262
6926 N 177th Place Waddell, AZ 85355
15255 N Double Adobe Road Prescott, AZ 86305
42221 N Caledonia Way Anthem, AZ 85086
15055 N Meander Mountain Way Prescott, AZ 86305
5012 E Blanche Drive Scottsdale, AZ 85254
.