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.
10679 E Fanfol Lane Scottsdale, AZ 85258
189 W Eagle Nest Road Williams, AZ 86046
7531 E Hazelwood Street Scottsdale, AZ 85251
12425 E Via De Palmas Road Chandler, AZ 85249
12789 W Via Caballo Blanco -- Peoria, AZ 85383
6907 E Teton Circle Mesa, AZ 85207
7301 E 3rd Avenue Unit 402 Scottsdale, AZ 85251
17770 E Paria Canyon Drive Rio Verde, AZ 85263
4205 E Edgemont Avenue Phoenix, AZ 85008
6514 N 85th Place Scottsdale, AZ 85250
8620 E San Miguel Avenue Scottsdale, AZ 85250
4219 E Janice Way Phoenix, AZ 85032
.