Wednesday, April 14, 2021 / by Alison Bognuda
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes.
Do Americans believe a home is a better investment than stocks?
In a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York notes that 93.3% of Americans believe buying a home is definitely or probably a better investment than buying stocks.
Here’s how the results break down:The survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer):
The data show how strongly Americans believe in homeownership as an investment. That belief is warranted. The Liberty Street Economics blog put it best by saying:
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Thursday, June 18, 2020 / by Alison Bognuda
CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of nearly $590 billion since the first quarter of 2019, an increase of 6.5%, year over year.
In the first quarter of 2020, the average homeowner gained approximately $9,600 in equity during the past year
?The Keenan Carter Group, DRE# 00860187
Keller Williams Realty Central Coast, DRE# 02005015
Graph and content courtesy of Keeping Current Matters. ...
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Tuesday, September 17, 2019 / by Alison Bognuda
Did you know over 750,000 people moved out of California since 2010. But where are Californians migrating to? Based on research, Dick Keenan highlights the most popular states former residents of California decided to call home.
Even though this number may seem high, the California Association of Realtors took a poll that shows most people residing in CA wouldn't have it any other way.
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