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.
19275 N 88th Way Scottsdale, AZ 85255
4601 W Paradise Lane Glendale, AZ 85306
11815 W Lost Man Canyon Way Prescott, AZ 86305
1113 S Cypress Circle Payson, AZ 85541
20622 W Colter Street Buckeye, AZ 85396
21616 N 37th Street Phoenix, AZ 85050
3802 E Piccadilly Road Phoenix, AZ 85018
4148 N Westview Drive Phoenix, AZ 85015
1105 N Indian Paintbrush Circle Payson, AZ 85541
8743 E San Victor Drive Scottsdale, AZ 85258
4850 E Poinsettia Drive Scottsdale, AZ 85254
19550 N Grayhawk Drive Unit 1127 Scottsdale, AZ 85255
.