Real Estate Tops Best Investment Poll for 7th Year Running-

Dated: June 15 2020

Views: 25

Real Estate Tops Best Investment Poll for 7th Year Running

Real Estate Tops Best Investment Poll for 7th Year Running | MyKCM

Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.

For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained:

“Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.”

This year’s results indicated 35% of Americans chose real estate, followed by stocks at 21%. The full results covering the last decade are shown in the chart below:Real Estate Tops Best Investment Poll for 7th Year Running | MyKCM

Bottom Line

The belief of the American people in the stability of housing as a long-term investment remains strong, even through the many challenges our economy faces today.

Blog author image

Nanci Gilbert, PA

Nanci strives to provide every client with a smooth and worry-free experience when it comes to buying and selling real estate. In an industry that can move very quickly, she prides herself on taking t....

Latest Blog Posts

What Experts Are Saying about 2021 Job Market

What Experts Are Saying about the 2021 Job MarketEarlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy

Read More

Owning a Home It's Still More Affordable Than Renting One

Owning a Home Is Still More Affordable Than Renting OneIf spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you;

Read More

Should I Wait for Lower Mortgage Interest Rates

Should I Wait for Lower Mortgage Interest Rates?Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the

Read More

How to Make the Dream of Homeownership a Reality This Year!

How to Make the Dream of Homeownership a Reality This YearIn 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and

Read More