New Survey Finds Investors Prefer Real Estate Over Stocks |
A new national survey conducted last month for Reecon Advisors found that investor confidence in real estate is significantly higher than the stock market despite the two-year drop in property values. The survey was the latest measure of investor perception of the comparative mertis of real estate and stocks as a long term investment and the most recent conducted since the crisis that struck the nation’s financial system last fall. By a margin of 53.7 percent to 30.8 percent, those surveyed believe real estate to be a better long-term investment than the stock market today. Confidence in real estate is highest in the South (58.6 percent) and West (58.4 percent), and among young people 18 to 24 (63.8 percent). The stock market ranks highest with those age 35-49 (34.7 percent) / Higher incopme brackets were more favorable towards real estate than lower income households. For real estate professionals talking to buyers, this survey provides powerful evidence that real estate is STILL the preferred investment vehicle for long term investing. Obtain a free copy at reeconadvisoryreport.com. Click on the "news releases" tab at the top. Or email me at scook@reeconadvisors.com
