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.
1960 E Blackhawk Drive Gilbert, AZ 85298
37030 N Tree Lined Trail Carefree, AZ 85377
1911 N 169th Avenue Goodyear, AZ 85395
30009 N 58th Street Cave Creek, AZ 85331
129 E Foothill Trail Williams, AZ 86046
3302 N 63rd Street Scottsdale, AZ 85251
906 N Blazing Star Circle Payson, AZ 85541
1108 N Indian Paintbrush Circle Payson, AZ 85541
8224 E Angel Spirit Drive Scottsdale, AZ 85255
16488 W Windsor Avenue Goodyear, AZ 85395
22426 N 30th Street Phoenix, AZ 85050
11474 E Aster Drive Scottsdale, AZ 85259
.