Real estate remains the number one investment

LONDON - July 29, 2015 - PRLog -- According to a report by Bankrate.com, more Americans would rather hold real estate than any other asset class. With over 27% of people saying that they would rather hold real estate than cash or other financial instruments, it is a good sign of investor positivity towards the housing market.

Certified financial planner and vice president of Proctor Financial in Sherborn, MA, Stephen Doucette is quoted in the report saying “For many investors, the tangible nature of real estate simply offers much more peace of mind than the intangible nature of stock and bonds.”

It’s not just the fact that real estate offers a tangible asset that has got investors excited, the S&P/Case-Shiller 20-City Composite Home Price Index, which measures the value of residential real estate in 20 major metropolitan areas, has generated an annualized return of 9.2% over the past three years. Real estate prices are moving steadily upwards and many investors are now looking to increase their exposure to the market to cash in on this fact.

Author: Anton Tardif