Homeownership Perceived As An Investment

Posted by John Sabia on Friday, August 30th, 2019 at 12:48pm.

photo of man at desk - www.johnsabia.com/blog

Owning A Home Is A Good Financial Investment

In a recently released 2019 Survey of Consumer Expectations Housing Survey by The Federal Reserve Bank (The Fed), 65 percent of Americans hold the belief that home-ownership is a good, solid financial investment for increasing net worth. The percentage of folks holding this belief increased by over nine percent since 2014.

 photo of graph - www.johnsabia.com/blog

Diving deeper into the survey looking at age, education, income and area of the country, the survey found more than 55 percent of folks in each category view owing a home as a good investment.

Interestingly, the results of this survey compare with a recent Gallup survey, which showed that real estate was considered the top choice for the best long-term investment when compared against stocks, bank savings accounts or gold.

Final thoughts

As the real estate market returns to what experts view as a more normal market, the majority of Americans still hold a resounding belief that residential real estate is a good, solid financial investment.

Start Your Fort lauderdale search here:

 

John Sabia

Leave a Comment

Have a Question?

Contact Us

Follow Us