The Gallup Organization released a report this week summarizing the results of a survey they conducted in early April (video report).One of the survey questions asked of the American public was “For people in general, do you think now is a GOOD time or a BAD time to buy a house?”
Seventy-one percent (71%) of those surveyed believed that now is a good time to buy a house.Americans we also asked, “Which of the following do you think is the best long term investment- bonds, real estate, stocks, savings accounts, CD’s or mutual funds?”
The results showed that Americans felt that savings accounts and real estate were the best long term investments, with far fewer choosing stocks, bonds and mutual funds.So while prices are still soft in some markets, Americans are confident that in the long term, real estate is a great investment…when you BUY LOW AND SELL HIGH…AND NOW IS THE TIME TO BUY LOW