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.
3946 E Meadowbrook Avenue Phoenix, AZ 85018
7320 E Sliding Stop Lane Cornville, AZ 86325
917 N 8th Street Phoenix, AZ 85006
6596 E Shooting Star Way Scottsdale, AZ 85266
77 S Arroya Road Apache Junction, AZ 85119
32029 N 20th Lane Phoenix, AZ 85085
26627 N 104th Way Scottsdale, AZ 85262
11239 E Oberlin Way Scottsdale, AZ 85262
1112 E Arroyo Road Phoenix, AZ 85086
4926 N 210th Avenue Buckeye, AZ 85396
324 W Northern Avenue Phoenix, AZ 85021
3126 N 6th Avenue Phoenix, AZ 85013
.