Real Estate: A Good Investment and Place to Raise a Family

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We’ve said it before, and we’ll say it again. Real estate continues to be a good investment. If you look at the chart below, you’ll see that real estate still far exceeds other investments.

A National Housing Survey done by Fannie Mae in November 2010 asked, “Do you think buying a home is a safe investment?” 66% said yes. Then they asked about buying stocks and only 16% considered it a safe investment. That’s four times more people who think buying a home is a safer investment – even in today’s market.

But most people today aren’t buying a home just as an investment property. Rather, they’re buying it as a place to raise their family. The top four reasons why people buy a home, according to the survey are:

  1. Having a good place to raise children and provide a good education – 80%
  2. Having a physical structure where you and your family feel safe – 79%
  3. It allows you to have more space for your family – 75%
  4. It gives you control over what you do with your living space – 69%

In the same survey, 92% of homeowners think owning a home makes sense while 70% of renters think owning a home makes sense. And, almost all homeowners – 96% – see homeownership as a positive experience.

[Shorewest Quarterly Newsletter]

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Categories: Home Buying, Real Estate News

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