Americans Believe Real Estate is Best Long-Term Investment

By
Real Estate Agent with Coldwell Banker Real Estate BRE# 01411020

According to Bankrate's recent 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:

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."


The 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."

 

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.

I would love to chat with you about your dreams of owning a home in Irvine, or in the surrounding area. Contact me for some market reports and for some tips on timing.

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Real Estate General Information
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California Orange County Irvine
Tags:
investment
americans
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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Debbie, Excellent blog on this subject.  Real Estate is by far the best way to invest your money in and get a tax deduction.  Make it a great day!

Jan 23, 2017 08:52 AM #1
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Rainmaker
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Debbie Sagorin

Marketing Irvine to the Highest Level
Find out how much I could sell your Irvine home for!
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