Americans Believe Real Estate is Best Long-Term Investment

house-in-naplesThinking of a new home in 2018?  Most Americans believe real estate is the best long term investment as shown on the graph below.  With our prices stabilized and our buyers market now is the time to invest in that second home to use as a rental property for a few years.  Let’s start the new year off right by finding you a new home in Southwest Florida!

Courtesy of Keeping Current Matters 2017

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.

Bankrate asked Americans to answer the following question:

“Which would be the best way to invest money you did not need for more than 10 years?”

Real Estate came in as the top choice with 25% of all respondents, while cash investments (such as savings accounts and CD’s) came in second with 23%. The chart below shows the full results:

Americans Believe Real Estate is Best Long-Term Investment | MyKCM

Sterling White, co-founder of Holdfolio, gave one reason as to why real estate may have ranked so high.

“Houses are tangible. You can physically see and feel the product. So you know where your money is going.”

July’s poll also found that for the “26th consecutive month, Americans’ sense of financial well-being improved when taking into account debt, savings, net worth, job security, and overall financial situation.”

Bottom Line

There are several reasons, both financial and non-financial, as to why homeownership makes sense. It is nice to see that Americans have returned to a belief in homeownership as the best investment.

Give me a call or send an email so that we can start the process of finding you a new home, First home, last home, investment property o

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