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Realty Blog By Monica

Belief in Homeownership as an Investment is Far from Dead

0
January 3, 2019 - General Information
20180103-Share-STM.jpg

Following last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint.

An end-of-the-year survey by the Federal Reserve Bank’s Center for Microeconomic Data revealed that:

“The majority of households continue to view housing as a good financial investment.”

And that percentage has increased over the last three years.

Belief in Homeownership as an Investment is Far from Dead | Simplifying The Market

Bottom Line

Though there is some uncertainty as to how the real estate market will perform over the next twelve months, one thing remains very certain: America’s belief in homeownership.

Monica Foster January 3, 2019
Tags:   First Time Home BuyersFor BuyersHousing Market UpdatesMove-Up Buyers

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