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.
2113 E Kempton Road Chandler, AZ 85225
731 W Melody Avenue Gilbert, AZ 85233
15550 N Frank Lloyd Wright Boulevard Unit 1009 Scottsdale, AZ 85260
7467 E Pleasant Run -- Scottsdale, AZ 85258
4120 E Donato Drive Gilbert, AZ 85298
3535 E Covina Street Mesa, AZ 85213
43317 N Whisper Court Anthem, AZ 85086
20218 W Hollyhock Street Buckeye, AZ 85396
10429 S 47th Lane Laveen, AZ 85339
4735 W Stargazer Place Laveen, AZ 85339
10519 S 47th Lane Laveen, AZ 85339
4828 W Stargazer Place Laveen, AZ 85339
.