{"id":26783,"date":"2023-06-06T18:01:44","date_gmt":"2023-06-07T00:01:44","guid":{"rendered":"https:\/\/nadinekirk.com\/?p=26783"},"modified":"2023-06-06T18:01:44","modified_gmt":"2023-06-07T00:01:44","slug":"real-estate-is-still-considered-the-best-long-term-investment","status":"publish","type":"post","link":"https:\/\/nadinekirk.com\/real-estate-is-still-considered-the-best-long-term-investment\/","title":{"rendered":"Real Estate Is Still Considered the Best Long-Term Investment"},"content":{"rendered":"
With all the headlines circulating about\u00a0home prices<\/a>\u00a0and rising\u00a0mortgage rates<\/a>, you may wonder if it still makes sense to invest in homeownership right now. A\u00a0recent poll<\/a>\u00a0from\u00a0Gallup<\/em>\u00a0shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th<\/sup>\u00a0consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below<\/em>):<\/p>\n <\/a><\/p>\n If you\u2019re thinking about\u00a0purchasing a home<\/a>, let this poll reassure you. Even with everything happening today, Americans recognize owning a home is a powerful financial decision.<\/p>\n Purchasing real estate has typically been a solid long-term strategy for building wealth in America. As Lawrence Yun, Chief Economist at the\u00a0National Association of Realtors<\/em>\u00a0(NAR),\u00a0notes<\/a>:<\/p>\n<\/div>\n<\/div>\n<\/div>\n \u201c. . .\u00a0<\/em>homeownership is a catalyst for building wealth for people from all walks of life.<\/em><\/strong>\u00a0A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter.\u201d<\/em><\/p><\/blockquote>\n That\u2019s because owning a home grows your\u00a0net worth<\/a>\u00a0over time as your home appreciates in value and as you pay down your mortgage. And, since building that wealth takes time, it may make sense to start as soon as you can. If you wait to buy and keep\u00a0renting<\/a>, you\u2019ll miss out on those monthly housing payments going toward your home equity.<\/p>\n Buying a home is a powerful decision. So, it\u2019s no wonder so many people view real estate as the best long-term investment. If you\u2019re ready to start on your own journey toward homeownership, let\u2019s connect today.<\/p>\n With all the headlines circulating about\u00a0home prices\u00a0and rising\u00a0mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A\u00a0recent poll\u00a0from\u00a0Gallup\u00a0shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th\u00a0consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph […]<\/p>\n","protected":false},"author":4,"featured_media":26784,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4],"tags":[51],"yoast_head":"\nWhy Do Americans Still Feel So Positive About the Value of Investing in a Home?<\/strong><\/h4>\n
Bottom Line<\/h3>\n