Americans Believe Real Estate is Best Long-Term Investment

Americans Believe Real Estate is Best Long-Term Investment | MyKCM

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:

Americans Believe Real Estate is Best Long-Term Investment | MyKCM

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.

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About Monica Posada,MSIRE

This profession has rewarded me with business and priceless relationships. The experience of over 11 years in Miami along with the awareness of what is happening in the market, guarantee that I will seek out the best real estate opportunities for my clients. You can expect accurate comparables and neighborhood statistics and will always make sure that our clients get the best property for their dollar regardless of how long it takes. Now as the sales manager for Real Living in Miami Beach, I train, coach and lead a professional real estate team, count on our company's amazing integrated suite of resources, which led it to receive an award by Entrepreneur magazine, "the Inman Innovator Award" and was named “The Most Promising New National Brand”. Our market research is specialized by property type and integrates cutting edge technology, local market trends, as well as regional and national developments to support property evaluation, pricing and positioning. Honesty and Integrity are the cornerstone of my career. I'm fluent in Spanish and English. Master Degree in International Real Estate (MSIRE) from FIU.(2015). Luxury Home Marketing Specialist (LHMS), TransNational Referral Specialist (TRS), Multi-million dollar producer, Member of the National Association of Realtors, Member of Greater Miami and the Beaches Realtor Association.
This entry was posted in Florida Investor, Miami Real Estate, profesional de inversion inmobiliaria en Miami, Real Estate, Real Estate Advisors, Real Estate Market trends. Bookmark the permalink.

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