Frederick MD | Americans Still Believe Real Estate is Best Long-Term Investment
Frederick MD Local Market Tidbits:
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From an advisory point of view, our local knowledge will benefit you financially when buying a home through us.
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From an activity point of view, these neighborhood in Frederick are the most active:
* Fort Detrick
* Wormans Mill
* Ballenger Creek Center
* Clover Ridge (Hill)
* Monocacy (Park, Crossing, Mile)
* Taskers Chance
* Hillcrest orchards
* Monarch Ridge
* Holly Ridge
* Manors At Ballenger
* Spring Ridge
* Brunswick & Brunswick Crossing
Today I want to talk to you about Americans Still Believe Real Estate is Best Long-Term Investment
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:
“What is the best way to invest money you wouldn’t need for 10 years or more?”
Real Estate came in as the top choice with 28% of all respondents (3% higher than last year), while cash investments – such as savings accounts and CD’s – came in second with 23% (the same as last year). The chart below shows the full results:
The article points out several reasons for these results:
“After bottoming out at the end of 2011 following the worst housing collapse in generations, home prices have gone gangbusters recently, climbing back above their record pre-crisis levels. Prices jumped 6.6 percent during the 12 months that ended in May, according to CoreLogic.
Toss in persistently low interest rates, tax goodies that come with owning a mortgage, and the psychological payoff from planting your roots, and maybe it’s no wonder real estate remains popular.”
The article also revealed that:
“Bankrate’s Financial Security Index — based on survey questions about how people feel about their debt, savings, net worth, job security and overall financial situation — has hit its third-highest level since the poll’s inception in December 2010.”
We have often written about the financial and non-financial reasons homeownership makes sense. It is nice to see that Americans still believe in homeownership as the best investment.
We fully understand that buying or selling a home is more than just a business transaction between two people.
We know how it affects your family and we know the experience could affect the quality of your life.
That’s why our team of highly-seasoned real estate professionals are dedicated to providing you with exceptional services at a local level.
Our pride is our personal touch that we use to connect with our clients,
where our goal is to build a long-term relationship based on trust and service.
Let us help you achieve all your real estate goals.
Give us a call now.
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