2016

REAL ESTATE AGAIN SEEN AS BEST INVESTMENT

According to Bankrate’s latest Financial SecurityIndex 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:

Sterling White, Cofounder of Holdfolio, believes real estate may have ranked highly because, “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.”

There are several reasons, both financial and non-financial, why home ownership makes sense. It is nice to see that Americans have returned to a belief in home ownership as the best investment. Bottom Line
There are several reasons, both financial and non-financial, why home ownership makes sense. It is nice to see that Americans have returned to a belief in home ownership as the best investment.

If you feel that investing in property is a great way to save for the future, call The Militello Team today. We will help you put your strategy together for your future.

The Militello Team