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.
3547 E Sagittarius Place Chandler, AZ 85249
6767 E Nightingale Star Circle Scottsdale, AZ 85266
405 Raintree Road Sedona, AZ 86351
39068 N 15th Avenue Phoenix, AZ 85086
4402 E Montecito Avenue Phoenix, AZ 85018
24067 S 218th Place Queen Creek, AZ 85142
9626 E Bunny Ear Lane Gold Canyon, AZ 85118
4306 E Superstition Boulevard Apache Junction, AZ 85119
4345 Copperhead Drive Wickenburg, AZ 85390
3208 N Mansfield Drive Litchfield Park, AZ 85340
218 W Ridgecrest Road Phoenix, AZ 85086
1323 E Oregon Avenue Phoenix, AZ 85014
.