Tidbit of the day
When it comes to investments it seems that most people agree with the 456….Real Estate is an amazing long-term investment.
As housing prices increase across the US, more Americans are regaining faith in real estate as the top choice for long-term investments, according to a recent Gallup poll.
Gallup’s April 3-6 Economy and Personal Finances poll asked Americans to choose the best option for long-term investments: real estate, stocks and mutual funds, gold, savings accounts and CDs, or bonds. Nearly one-third of Americans said real estate was the best long-term investment to have, with gold and stocks coming in second (tied at 24%). The number of Americans opting for real estate is markedly greater than three years ago, when only 19% of Americans said real estate.
” Home prices have recently been rising after a steep drop in 2007 during the subprime mortgage crisis,” “This current improvement in prices may be why more Americans now consider real estate the best option for long-term investments.”
