Oct 31 2019 64098 1

Dated: 10/31/2019

Views: 48

Real Estate Is the Safest Investment, Consumers Say


October 30, 2019

Across age groups, consumers believe that purchasing a home is a solid investment, according to a new survey from Porch.com, a home remodeling website. They’re upbeat even though many, particularly the youngest generation, believe they will face another housing crisis in their lifetime.

About 76 percent of Generation Z members, between 18 to 21 years old, said they believe another housing crisis will happen within the next 10 years. Still, they remain cautiously optimistic and are saving for a down payment to buy their first home.

Homeownership has long been linked with long-term wealth building. Porch.com surveyed nearly 1,400 consumers to ask them what they believe is the safest investment over the next 10 years. Owning a home was the overall leader.

Porch best investment infographic. Visit source link at the end of this article for more information.

© Porch.com

 

Source:  “Generational Housing Outlooks,” Porch.com (October 2019)

https://magazine.realtor/daily-news/2019/10/30/real-estate-is-the-safest-investment-consumers-say#.Xbs-zYajQsE.link

Want to Advertise on this Site?

Latest Blog Posts

Buyers Arent Taking Advantage Of Favorable Market

https://magazine.realtor/daily-news/2019/09/10/buyers-aren-t-taking-advantage-of-favorable-market?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DailyRealEstateNews+%28Daily+Real+Estate

Read More

Which Home Security Systems Make Owners Feel Safer

Which Home Security Systems Make Owners Feel Safer?Does having a security system in your home make you feel safer? Here's a great article showing what types of

Read More

The 3 Most Common Homebuyer Programs Explained

How do you go from dreaming of owning a home to holding your first set of keys? If you’re like most first-time buyers, the down payment is your biggest hurdle — but it may not need to be.There

Read More

Renters Vs Owners Whos Winning In Your Neighborhood

The number of rented vs. owner-occupied homes in a neighborhood is one of the many factors that can affect home values. Generally speaking, having more owners living in and caring for their homes is

Read More