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.
4422 W Adobe Drive Eloy, AZ 85131
22625 W Kimberly Drive Buckeye, AZ 85326
720 E Chilton Drive Tempe, AZ 85283
2214 N 28th Street Phoenix, AZ 85008
2110 Leisure World -- Mesa, AZ 85206
4354 E Rosemonte Drive Phoenix, AZ 85050
21955 S 219th Place Queen Creek, AZ 85142
7136 W Noble Prairie Way Florence, AZ 85132
600 N Mariposa Drive Wickenburg, AZ 85390
20047 N 109th Drive Sun City, AZ 85373
26001 S Drifter Drive Sun Lakes, AZ 85248
13447 W Ballad Drive Sun City West, AZ 85375
.