Americans' Powerful Belief in Homeownership as an 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.The 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.

Home Prices Are Rebounding

Jul 17, 2023

Experts believe one of the reasons prices didn’t crash like some expected is because there aren’t enough available homes for the number of people who want to buy them.

Momentum Is Building for New Home Construction

Jul 11, 2023

If you’re looking to move right now, reach out to a local real estate professional to explore the homes that were recently completed.

Reasons Your Home May Not Be Selling

Jul 10, 2023

If you’re thinking of selling, lean on your real estate agent for expert advice based on your unique situation and feedback you get from buyers throughout the process.