Leave a Message

Thank you for your message. We will be in touch with you shortly.

Real Estate Is Still Considered the Best Long-Term Investment

June 6, 2023

Real Estate Tips

Real Estate Is Still Considered the Best Long-Term Investment

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below):

If you’re thinking about purchasing a home, let this poll reassure you. Even with everything happening today, Americans recognize owning a home is a powerful financial decision.

Why Do Americans Still Feel So Positive About the Value of Investing in a Home?

Purchasing real estate has typically been a solid long-term strategy for building wealth in America. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), notes:

“. . . homeownership is a catalyst for building wealth for people from all walks of life. A 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.”

That’s because owning a home grows your net worth over 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 renting, you’ll miss out on those monthly housing payments going toward your home equity.

Bottom Line

Buying a home is a powerful decision. So, it’s no wonder so many people view real estate as the best long-term investment. If you’re ready to start on your own journey toward homeownership, connect with a local real estate advisor today.

(2023, June 6). Real Estate Is Still Considered the Best Long-Term Investment. Keeping Current Matters. https://www.keepingcurrentmatters.com/2023/06/06/real-estate-is-still-considered-the-best-long-term-investment-1/

Explore Our Other Blogs

Stay Updated On Our Most Recent Blog Posts

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose

Real Estate

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose

Thao Dang Pham  |  May 8, 2025

The Honest Truth: Pros and Cons of Living in Evergreen, San Jose
Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose

Real Estate

Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose

Brian Ng  |  May 7, 2025

Commuting Made Easy? Your Guide to Getting Around from Evergreen, San Jose
Top Parks, Shopping, and Dining Spots in Evergreen, San Jose

Real Estate

Top Parks, Shopping, and Dining Spots in Evergreen, San Jose

Thao Dang Pham  |  May 6, 2025

Top Parks, Shopping, and Dining Spots in Evergreen, San Jose
Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood

Real Estate

Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood

Brian Ng  |  May 5, 2025

Explore Evergreen Real Estate: Types of Homes in This San Jose Neighborhood
Evergreen San Jose Schools: A Parent's Guide to Local Education Options

Real Estate

Evergreen San Jose Schools: A Parent's Guide to Local Education Options

Thao Dang Pham  |  May 2, 2025

Evergreen San Jose Schools: A Parent's Guide to Local Education Options
Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Real Estate

Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Brian Ng  |  May 2, 2025

Living in Evergreen, San Jose: Your Guide to the Neighborhood Lifestyle

Let's Talk

You’ve got questions and we can’t wait to answer them.

FOLLOW US ON INSTAGRAM