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.
7445 W Quail Track Drive Peoria, AZ 85383
13827 N Wendover Drive Fountain Hills, AZ 85268
10835 E Tesla Avenue Mesa, AZ 85212
11445 E Paloma Avenue Mesa, AZ 85212
2742 W Wayne Lane Anthem, AZ 85086
12427 N 38th Street Phoenix, AZ 85032
7232 E Maverick Road Scottsdale, AZ 85258
2821 W Libby Street Phoenix, AZ 85053
7451 W Crystal Road Glendale, AZ 85308
507 E Wesleyan Drive Tempe, AZ 85282
968 S Western Skies Drive Gilbert, AZ 85296
728 W Thunderbird Road Phoenix, AZ 85023
.