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.
15101 W Waterford Drive Surprise, AZ 85374
34027 N 140th Place Scottsdale, AZ 85262
7306 E Wilshire Drive Scottsdale, AZ 85257
1311 W Windsong Drive Phoenix, AZ 85045
4175 S Marisol Lane Gilbert, AZ 85297
10116 W Bolivar Drive Sun City, AZ 85351
4098 E Rakestraw Lane Gilbert, AZ 85298
73 Seneca Drive Flagstaff, AZ 86005
19606 W Marshall Avenue Litchfield Park, AZ 85340
13218 W Castlebar Drive Sun City West, AZ 85375
20389 N 54th Avenue Glendale, AZ 85308
6364 E Star Valley Circle Mesa, AZ 85215
.