1635009540120994

Americans Believe Real Estate is Best Long-Term Investment

Jul 27, 2016   //   by Ben Gerritsen   //   Mortgage News  //  Comments Off on Americans Believe Real Estate is Best Long-Term Investment

By simplify

Americans Believe Real Estate is Best Long-Term Investment | Simplifying The Market

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:

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.

Read More…      

eho 1

All loans subject to credit approval. Rates and fees subject to change. Mortgage financing brokered by Mortgage Miracles Happen, LLC. Equal Housing Lender.
Mortgage Miracles Happen, LLC is a mortgage broker in Arizona, Colorado, Florida, Texas & Utah.
NMLS: 1289680; Arizona: 0937981, AZ Address: 7137 E Rancho Vista Drive, STE B05, Scottsdale, AZ 85251;
Colorado: Mortgage Miracles Happen, LLC; Florida License # MBR1900,
UT: Mortgage Miracles Happen, UT license # 7380298 Utah DRE,
Texas TDSML Texas Recovery Fund
All rights reserved. © 2017

Tel: 1-(801)-399-2364 | Texas Office Tel: 1-(281) 724-7423|

Have Question About
The HARP Process?