Americans Believe Real Estate is Best Long Term Investment
Americans Believe Real Estate is Best Long-Term Investment. 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:
“What is the best way to invest money you wouldn’t need for 10 years or more?”
Real Estate came in as the top choice with 28% of all respondents (3% higher than last year), while cash investments – such as savings accounts and CD’s – came in second with 23% (the same as last year). The chart below shows the full results:
Americans Believe Real Estate is Best Long Term Investment
Americans Believe Real Estate is Best Long-Term Investment
The article points out several reasons for these results:
“After bottoming out at the end of 2011 following the worst housing collapse in generations, home prices have gone gangbusters recently, climbing back above their record pre-crisis levels. Prices jumped 6.6 percent during the 12 months that ended in May, according to CoreLogic.
Toss in persistently low interest rates, tax goodies that come with owning a mortgage, and the psychological payoff from planting your roots, and maybe it’s no wonder real estate remains popular.”
The article also revealed that:
“Bankrate’s Financial Security Index — based on survey questions about how people feel about their debt, savings, net worth, job security and overall financial situation — has hit its third-highest level since the poll’s inception in December 2010.”
Bottom Line
We have often written about the financial and non-financial reasons homeownership makes sense. It is nice to see that Americans still believe in homeownership as the best investment.
Call Us Now To Sell Your Home…
Office: 909.985.9392 or Text Us: 714.657.6634
[gravityform id=”15″ title=”true” description=”true”]
Harvard: 5 Events That Must Happen For Housing To Recover
Interesting article from Rick Newman with Yahoo Finance. We have a long road to hoe before the US housing market will see a true recovery.
Merry Christmas…Happy Foreclosure…
I can't believe it's been 7 years this December. October always brings back memories...because that's when we realized there was no way we were going to come up with the money the mortgage company wanted to stop a foreclosure sale. Wow, was that an emotional holiday...
You Lease The Home of Your Dreams…Our Investor Buys
For families who want to rebuild, the Fresh Start Lease To Purchase (LTP) was designed to remove the largest single roadblock to regaining their dream home!
California AB 1393 Now Law
So what? This is fantastic news for struggling homeowners that are now free and clear of getting slapped with additional taxes for completing a short sale…yes…that “shortage” of what you owed and what was actually paid…is taxable income!
AB 1393 Provides Mortgage Debt Forgiveness for California
Passing California Assembly June 30, AB 1393 provides protections to California homeowners for debt incurred by a short sale. This bill mirrors the Mortgage Forgiveness Debt Relief Act of 2007 enacted by the Treasury for IRS ruling
HAMP Extended Through 2016
One of the best tools the government has given homeowners in trouble is this HAMP program…especially those Americans that needed to complete a short sale…HAMP’s HAFA program protects the homeowner in the short sale eliminating the recourse from mortgage companies.
This Is What’s Wrong With America
I am frustrated that we are the scape goats for backing federal mandated “gifts” to states to cover Congress’s struggles to meet “promised” money to fix “transit” problems.
Be careful what you wish for…cause it all rolls back to you and your pocket book.
Lease to Purchase Program
ot to often that we get excited about a new program. If you want to get into a home around the corner from your rental and just can't bear the thought of going through the rigorous lending and mortgage...
Mortgage -vs- Cash: What’s Best For You?
Most buyers are using some form of cash and mortgage to purchase a home.
Don’t wait until you have a Trustee Sale Date…Please call us!
If you see this post and know anyone, really, anyone, a family member, neighbor, co worker, anyone....that is having problems with making house payments have them contact us Now! We just received a call from a homeowner that was so distraught about a sale date set for...
BUY A HOME 1-DAY AFTER SHORT SALE, BANKRUPTCY or FORECLOSURE
Kris & Kim have $250,000,000.00 to buy homes for home buyers that want to buy a new home 1-day after a short sale, bankruptcy, foreclosure or deed-in-lieu. If you want to apply for your share of this money, contact Kris and Kim on their mobile 714.615.7605.
4 Steps to Purchasing a Home
The buying process can be overwhelming and intimidate even the most seasoned of buyers. Follow these 4 steps to success in purchasing a home
Altisource and OCWEN…Hmmm…All in the Family
Something fishy here…the majority shareholder in Altisource is also the Founder and Majority shareholder in OCWEN
Buyers…It’s Your Time To Buy…Homes Sales are at an 18 Month Low
One thing is always a sure thing…nothing is a sure thing!
April 2013…sellers pumped to ge their homes on the market and reap the return of the “sellers market”. April 2014…what? a 3rd bubble has burst…with home sales down at their lowest point in 1.5 years.
Increased Home Values are Not as They Appear
Thanks to Core Logic we can get a pretty clear picture of what is going on in our housing market.
Staggering…$120,000,000.00 Short Sale Located in Connecticut
The most expensive short sale ever
3 Home Buying Credit Myths
Myth #1: You need perfect credit to purchase a home.
Myth #2: Lenders have free rein in sharing your personal credit information.Myth #3: Lenders only use one scoring model that determines creditworthiness.
“The Great One” Selling His Thousand Oaks “Man”sion
Not often that I get excited about a home...this one is right in my comfort zone. Manly...yes! Hockey Hall of Famer Wayne Gretzky and his wife, actress Janet Jones, have fixed up their Thousand Oaks, CA mansion and are selling it for $10.5 million. Source: IMDb...