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What is the Best Investment for Americans?

12/5/2019

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Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable.

Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans:

“What do you believe is the safest investment over the next 10 years?”

U.S. housing came in at number one, beating out other investments such as gold, stocks, bonds, and savings.
​
Here is a graph showing the top five investments Americans selected
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The findings of the Porch.com survey also coincide with two previous surveys done earlier this year:
  1. The Federal Reserve Bank’s 2019 Consumer Expectations Housing Survey reported that 65% of Americans believe homeownership is a good financial investment, and that the percentage has increased in each of the last four years.

  1. The Gallup survey showed that Americans have picked real estate as the “best” investment for six straight years.

Bottom Line
Based on all three surveys done this year, we can see that Americans still believe in homeownership as a great investment, and that feeling continues to grow.

SOURCE KCM
#FirstTimeHomeBuyers #HousingMakrketUpdate #SimardRealtyGroup #eXpRealty
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  • Home
  • About
    • Testimonials
    • Contact
    • My home selling system
  • Home Search
    • Free Home Inspection
    • Financing
    • Mortgage Calculator
  • Listings
    • Open Houses
    • New Listings
    • Sold Homes >
      • Sold Homes
    • Listings Blog
  • Home Value
  • Resources
    • Real Estate Advice
    • Market Data
    • Granby CT >
      • Granby area photos
    • East Granby CT
    • Simsbury CT
    • Avon CT
    • Canton CT
    • New Hartford
    • Barkhamsted
    • Bloomfield
    • Suffield
    • West Hartford
    • Western MA >
      • Westfield MA
      • Southwick MA
      • Agawam MA
  • New Listings and Price Reductions
  • News and updates
  • Promo Videos