Is Orange County Real Estate still a good Investment?
What is the Best Investment for Americans?
Some are reporting that there is trepidation regarding the Orange County real estate market. Apparently mos are quite comfortable.
Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans:
“What do you believe is the safest investment over the next 10 years?”
U.S. housing came in at number one, beating out other investments such as gold, stocks, bonds, and savings.
Here is a graph showing the top five investments Americans selected:
The Federal Reserve Bank’s 2019 Consumer Expectations Housing Survey reported that 65% of Americans believe homeownership is a good financial investment, and that the percentage has increased in each of the last four years.The Gallup survey showed that Americans have picked real estate as the “best” investment for six straight years.
Based on all three surveys done this year, we can see that homeownership in Orange County is still a great investment, and that feeling should continue to grow.
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