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    What is the Best Investment for Americans?

    Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people 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:What is the Best Investment for Americans? | MyKCMThe findings of the Porch.com survey also coincide with two previous surveys done earlier this year:

    1. 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.
    2. The Gallup survey showed that Americans have picked real estate as the “best” investment for six straight years.

    Bottom Line

    Based on all three surveys done this year, we can see that Americans still believe in homeownership as a great investment, and that feeling continues to grow.

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    Danny Cheung

    I spent over twenty five (25) years with the Department of Defense in the hardware/software design and development as well as program management prior to joining the Group in a full time capacity. I am thrilled to put my years of experience as an Electronics Engineer to assist and lead our Real Estate Group to the next level. I am committed to establishing the tools and resources necessary for our team members to work more seamlessly and effectively thus ensuring our clients full satisfaction. My wife and I have two daughters and a dog (he's more like our son). I enjoy travelling and watching sports especially football…Go Skins!

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