Belief In Homeownership As An Investment Is Far From Dead

Dated: January 3 2019

Views: 75

Belief in Homeownership as an Investment is Far from Dead | MyKCM

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 | MyKCM

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.

Contact Tricia Glover and The Glover Team at 540-846-0185, visit our website at http://tglover.liveinfredericksburgva.com.

Blog author image

Tricia Glover

As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate in the Northern Virginia Area. It's not the same everywhere, so you ne....

Latest Blog Posts

The 6 Main Things Home Inspectors Are Looking For

When you’re under contract on a new house, it’s easy to fall in love with its potential. But before you linger on cloud nine too long, you’ll need the reality check of a home inspection.

Read More

What Is A Housing Bubble

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an

Read More

Starter Homes What They Are And How To Find Them

Buying a home is a sought-after goal — part of the American dream — for many of us. Wanting to buy a home, however, doesn’t always mean you’ll be able to afford one, especially as a;

Read More

Dont Fix These Things When Selling Your House

Before putting your home on the market, it’s important to prepare it, so it’ll look its best to prospective buyers. Getting a home in show-ready shape typically involves decluttering interiors,

Read More