Real Estate Tops Best Investment Poll for 7th Year Running
Maggie Valley and Waynesville NC Real Estate Tops Best Investment Poll for 7th Year Running. 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.
Maggie Valley and Waynesville area has continued to be one of the top investment location for real estate. Many investors find that Mountain Cabin homes as seasonal rentals generate a nice income and enjoyed an annual increase in value of 11% in 2019. Maggie Valley and Waynesville NC homes for sale are under contract in 60 days or less. Already home value has increased over 9% compared to last year.
For the seventh year in a row, real estate has come out on top as the best long-term investment and Maggie Valley and Waynesville continue to be in the top choices.
“Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.”
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. Maggie Valley and Waynesville NC home sales continue to be strong as home buyers are moving from Florida, NY, NJ and as far as CA. With the hurricanes, fires and mud slides home buyers want to live in areas that do not have those challenges.