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.
2315 E Monona Drive Phoenix, AZ 85024
18118 W Golden Lane Waddell, AZ 85355
13357 W Mayberry Trail Peoria, AZ 85383
6402 N 45th Avenue Glendale, AZ 85301
2647 N Miller Road Unit 16 Scottsdale, AZ 85257
3308 E Jasper Drive Gilbert, AZ 85296
28721 N 128th Drive Peoria, AZ 85383
6309 N 14th Street Phoenix, AZ 85014
3885 E Juanita Avenue Gilbert, AZ 85234
1639 E Redfield Road Gilbert, AZ 85234
7723 W Encinas Lane Phoenix, AZ 85043
17392 W Grant Street Goodyear, AZ 85338
.