Americans Powerful Belief In Homeownership As An Investment

Dated: July 11 2019

Views: 92

Americans’ Powerful Belief in Homeownership as an Investment

Americans' Powerful Belief in Homeownership as an Investment | MyKCM

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.

Blog author image

Jennifer Dorn

Jennifer Dorn is an Associate Broker with Berkshire Hathaway HomeServices Select Realty (BHHS Select Realty) and served as the Managing Broker for both Realty World Select (RWS) and BHHS Select Realty....

Latest Blog Posts

Key Terms To Know In The Homebuying Process INFOGRAPHIC 11272020

Key Terms to Know in the Homebuying Process [INFOGRAPHIC]Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in

Read More

Key Terms To Know In The Homebuying Process INFOGRAPHIC

Key Terms to Know in the Homebuying Process [INFOGRAPHIC]Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in

Read More

Your House May Be High On The Buyer Wish List This Holiday Season 11252020

Your House May Be High on the Buyer Wish List This Holiday SeasonAround this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who

Read More

Your House May Be High On The Buyer Wish List This Holiday Season

Your House May Be High on the Buyer Wish List This Holiday SeasonAround this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who

Read More