Belief in Homeownership as an Investment is Far from Dead

Following last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint.

An end-of-the-year survey by the Federal Reserve Bank’s Center for Microeconomic Data revealed that:

“The majority of households continue to view housing as a good financial investment.”

And that percentage has increased over the last three years.

 

Belief in Homeownership as an Investment is Far from Dead | MyKCM

Bottom Line

Though there is some uncertainty as to how the real estate market will perform over the next twelve months, one thing remains very certain: America’s belief in homeownership.

WRITTEN BY:

Lighthouse Living Realty, is one of Westchesters newest Real Estate Brokerage’s focused on multi-family, and investment projects in Westchester County. We source the properties, create and apply the marketing techniques, as well as staff and manage the initial lease-up of each project. Lighthouse’s success is due to its core goal of delivering value to both the investor and end user.

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