FREEMAN: Real Estate Tops Gallup’s Investment Poll For Best Long-Term Investment For Seventh Year
By Bobby Freeman – Realtor // June 24, 2020
For the seventh year in a row, real estate has come out on top as the best long-term investment
BREVARD COUNTY, FLORIDA – Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the seventh year in a row, real estate has come out on top as the best long-term investment.
“Historically real estate has always been a strong investment,” says Jennifer McCoy Broker/Owner for McCoy-Freeman Real Estate serving all of Florida’s Space Coast.
“According to the Gallup survey, more than a third of Americans have named real estate as a top investment since 2013, when the housing market was on the rebound,” says McCoy.
Americans have become less likely to view stocks or mutual funds as the best long-term investment after U.S. markets dropped by more than a third as the economic implications of the coronavirus outbreak set in last month.
This year’s results indicated 35 percent of Americans chose real estate, followed by stocks at 21 percent.
The full results covering the last decade are shown in the chart below:
The belief of the American people in the stability of housing as a long-term investment remains strong, even through the many challenges our economy faces today.
ABOUT THE AUTHOR
Bobby Freeman, a lifetime resident of Brevard County, has been a top Realtor in the area for over two decades. In his first year as an agent, Freeman received a Rising Star award from his Brokers. Since then he has achieved numerous sales awards from some of the largest real estate firms in the world.
Freeman, Jennifer McCoy and Nikki McCoy-Freeman are family owners of the McCoy-Freeman Real Estate Group on Florida’s Space Coast. Together they have more than 40 years of extensive experience in all aspects of the real estate industry, have sold over $420 million and are ranked in the top 1% of all Florida Realtors.
Among McCoy-Freeman Group’s achievements are Certified Luxury Home Marketing Specialist (CLHMS), Certified Distressed Property Experts (CDPE), Accredited Buyer’s Representative (ABR) and voted Best Realtor in Brevard County. The group has been featured in many news publications including CNN Money Magazine, CNNMoney.com, WFTV 9 News, News 13, WKMG News 6, Coastal Condo Living Magazine, Hot Retirement Towns Magazine and SpaceCoastDaily.com.
For more information log on to BrevardRealtyConnection.com
TO SEE CONDO LISTINGS LOG ON TO CocoaBeachCondoGallery.com
CLICK HERE FOR BREVARD COUNTY NEWS