Real Estate Investing
As the housing marketing has experienced its lows over the past several years and now is bouncing back to experience highs that haven’t been seen in a while, it makes sense that more Americans would feel more secure in their decision to invest into real estate again after possibly shying away from it in recent years. Weston Dean Custom Homes, a premier New Braunfels custom home
builder, shares a recent Gallup poll that shows 35% of Americans believe that real estate is their best long-term investment.
This recent poll was taken based on telephone interviews conducted in early April. In this poll, real estate was at the top of the list for Americans as their pick of the “best long-term investment.” Over the past two years, this choice has increased its lead over the other investment choices given.
Over the last five years, gold and real estate have virtually switched positions since gold prices have tumbled and home sales have recovered since the 2007-2009 housing market collapse that the U. S. is finally recovering from.
Thirty-five percent of Americans are now choosing real estate as their top long-term investment, compared to 22% for stocks and mutual funds, 17% for gold, 15% for savings accounts and CDs and bonds rounded out the options at just 7%.
The average sale price of new homes in the U.S. increased from $259,300 in August of 2011 to $348,900 in February of this year. The percentage of Americans choosing real estate as their best long-term investment has almost doubled as well in the recent years.
Lastly, this recent poll found that renters were polled at 32% in listing real estate as the best long-term investment compared to homeowners at a close 34%.
If investing in your new home is something you plan to do this year, contact Weston Dean Custom Homes and let us help you build a home you can be proud to invest in.
Weston Dean Homes is a San Antonio area custom home builder. For more information call (210) 408-910