Is The Cliffs Real Estate The Best Long Term Investment?
As a The Cliffs real estate agent, finding a good long term investment is key for any transaction. From the infographic above, we can see that real estate, stock/ mutual funds, gold, savings accounts and bonds are the main five investments that American’s have made over the past decades. While all of these are wise investments, which one stands out the most from the other as the best for your return on investment?
What stands out the most to us in this info graphic is that The Cliffs real estate topped every age category and almost every income level. Standing out the most in the $75,000+ income and the 30-49 age bracket, it is easy to speculate why these are the higher percentages. Luxury real estate tends to hold up relatively well over it’s life space, eluding to the fact that the $75,000+ income level will more than likely be purchasing a higher end property. As for the 30-49 age range, this is typically the point in everyone’s life when a family is started, settling down is a high priority and building up ones equity is a must. With that being said, the other divisions on this list; $30,000-$74,999, less than $30,000, 18-29, 50-64 and 65+, are still putting a high priority on real estate. Although the less than $30,000 put Santa Cruz real estate slightly below gold, it still came in at a towering second place on the percentage surveyed.
Owning a home is still part of the American dream and these statistics just go to prove that now matter what age or income bracket you may be in, owning a piece of property is a good investment. With prices rising and mortgage rates still at historically low pricing, now is starting to become the ideal time to look around for the next dream home. The Cliffs real estate is very hot right now and listing that property to sell will only make the home that much more attractive. Search around and see just how many other individuals in your neighborhood agree with owning a home being a good investment.