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.
15221 N Clubgate Drive Unit 1141 Scottsdale, AZ 85254
3438 W Little Hopi Drive Phoenix, AZ 85086
1243 N Ambrosia -- Mesa, AZ 85205
1331 S Illinois Court Chandler, AZ 85286
3040 Hoskinini Circle Prescott, AZ 86305
1026 E Lodgepole Drive Gilbert, AZ 85298
1806 E La Jolla Drive Tempe, AZ 85282
2323 N Central Avenue Unit 705 Phoenix, AZ 85004
656 W Johnson Drive Gilbert, AZ 85233
9292 E Dreyfus Place Scottsdale, AZ 85260
2110 S Portland Avenue Gilbert, AZ 85295
20447 N 266th Avenue Buckeye, AZ 85396
.