Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the fifth year in a row, real estate has come out on top as the best long-term investment!
This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%. The full results are shown in the chart below.
The study makes it a point to draw attention to the contrast in the sentiment over the last five years compared to that of 2011-2012, when gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession.
The Bottom Line
As the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.
Visit my website to view past Basking Ridge sales, to start your home search or to request information on the value of your home in today’s market.
There were eleven happy homeowners in the last seven days here in Basking Ridge:
- 146 Countryside Drive
- 35 Countryside Drive
- 51 Potomac Drive
- 11 Gelsey Lane
- 266 Patriot Hill Drive
- 161 Spencer Road
- 10 Revere Drive
- 45 DarrenDrive
- 18 Watchung Drive
- 74 River Farm Lane
- 29 Culberson Road
Contact me for sale prices on the above properties.
