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.
20247 W Hollyhock Street Buckeye, AZ 85396
18229 E Spring Valley Court Rio Verde, AZ 85263
2121 W Sonoran Desert Drive Unit 43 Phoenix, AZ 85085
18825 W Solano Drive Litchfield Park, AZ 85340
2446 W Rowel Road Phoenix, AZ 85085
5790 S Moson Road Hereford, AZ 85615
4920 E Helena Drive Scottsdale, AZ 85254
5829 E Ringtail Way Phoenix, AZ 85054
10918 E Texas Avenue Mesa, AZ 85212
4940 W La Puenta Avenue Laveen, AZ 85339
6920 N 79th Place Scottsdale, AZ 85250
3161 S 183rd Drive Goodyear, AZ 85338
.