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Holding off on selling your house because you believe there aren’t any buyers out there?
According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
Everyone’s interpretation of the American Dream is unique and personal.
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.
You may have heard some people say it’s better to rent than buy a home right now.
- For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
- Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.
Even as some companies transition back into the office, remote work remains a popular choice for many professionals.
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.
- If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
- While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now.