Blog Post

In a recent survey conducted by Pew Research Center, 81% of those surveyed still see homeownership as the best investment a person can make.

In light of the current economic situation, and considering that 50% of those surveyed also reported that their home has depreciated in value since before the recession began in 2007, this number may come as a surprise to some. Of those surveyed, 37% reported that they strongly agreed that homeownership is the best investment a person can make, while 44% said that they somewhat agreed.

These numbers are down slightly since the same questions were asked in 1981 in a survey conducted by CBS News and the New York Times. However, the current numbers show us that there is still a great deal of optimism in the market. While many homes have lost value in the past several years, people still see the long term value in ownership and many believe that the worst is behind us.

Posted 15th April 2011 by Sally Forster Jones