Homeownership still considered best long-term investment: Pew

Best Investment America’sWhy Real Estate is still Mortgage rates have decreased over the last fifty years to record lows. Due to the economic downturn, borrowers with stellar credit and a solid employment history are best able to secure financing right now. However, as conditions improve, the market will expand for borrowers who may not

Still, fully 82% of homeowners who say their home is worth less now than before the recession began either strongly (37%) or somewhat (45%) agree that homeownership is the best long-term investment a person can make. Among homeowners whose home increased in value during the recession, this confidence is even more pronounced.

A recent Pew poll that phoned over 2,000 Americans last month revealed that Americans still have faith in real estate, with 80% of respondents indicating that they believe a home is the best long.

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Current levels are still consistent with an overvalued housing market though not nearly as bad as things had been just 5 years ago. The most recent reading of 114 tells us that housing prices are still at the upper end of the range their historical range:

"The timing couldn’t be better for value shoppers to make the investment into new energy-efficient windows. homedepot.com Did You Know. Home ownership still American goal According to an annual.

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A survey conducted last month by the PEW Research Center, a non-profit, non-partisan organization considered a "fact tank" on social & demographic trends in America, determined that the majority of adult Americans (81%) still believe "that buying a home is the best long-term investment a person can make."

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Eighty-one percent of adults agree that buying a home is still the best long-term investment. agree that buying a home is still the best investment (see chart). Another survey finding suggests.

PHOENIX (Reuters) – Even as a five-year slump in house prices drags on, eight-out-of-10 Americans say bricks and mortar remain the best long-term investment, according to a study released on Tuesday..

The housing crash seems to have had little impact on consumer confidence, as 81% of adults believe buying a home is the best long-term investment a person can make.