“65% of Americans believe homeownership is a good financial investment.”

 

 

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.Americans' Powerful Belief in Homeownership as an Investment | MyKCMThe Fed’s survey also showed that when the results are broken down by age, education, income, or region of the country, more than 55% of Americans in each category see homeownership as a good investment.

This coincides with a recent Gallup survey of Americans which revealed that real estate was their number one choice for the best long-term investment when compared to stocks, savings accounts or gold.

Bottom Line

Americans’ belief in residential real estate as a good financial investment continues to grow as the housing market returns to normalcy.

 

To view original article, visit Keeping Current Matters.

Memorial Day 2020

Memorial Day 2020

Take some time today to recognize and honor those who lost their lives fighting for our freedom. #brookhamptonrealty #memorialdayweekend #grateful #memorialday2020 #USA

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