Home Sweet Home Still #1 Investment!

In spite of the worst real estate market in history, the vast majority of Americans believe that owning your own home is still the best investment you can make. The sad reality of that statement of course is the fact that the easy money days to buy a home are over, leaving the American Dream, for many, as wishful thinking Buyers!



Mathews Realty Group

R.E Advisor/Retirement Investor Services

Self Direct IRA/Solo 401K Specialists

Amplify’d from www.latimes.com

Confidence in value of homeownership persists through bust, survey shows

An unexpected 81% of U.S. adults surveyed by the Pew Research Center say buying a home is the best long-term investment.

The study results are surprising in that so many households still believe that homeownership is a good investment, even after the plunge in home values that has occurred over the past couple of years," said Celia Chen, a housing economist for Moody's Economy.com. "The preference for homeownership has deep roots in the history of this nation, and apparently even a severe correction in house prices can shake American's belief in homeownership only slightly."

Despite those sentiments, 82% of homeowners who indicated their home is worth less than before the recession said homeownership is the best long-term investment a person can make. Read more at www.latimes.com

 

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