Skip to main content

New Survey Finds Cluelessness on Real Estate Investing

Apr 20, 2017
Thirty Democrat and two Independent senators have called on the Consumer Financial Protection Bureau (CFPB) to explain the state of its investigation into last year’s Equifax data breach

Is real estate a good investment? According to a new survey commissioned by RealtyShares, an online marketplace for real estate investing, 40 percent of Americans did not know if stocks, real estate, commodities, bonds, or cash equivalents such as oil, gold and cotton generated the best returns since 2000. Only 16 percent of respondents believed real estate was the best performer, but 25 percent identified stocks as the best investment.
 
The survey, conducted online among over 2,000 adults by Harris Poll, found 64 percent of and 68 percent of women agreeing that home flipping is a good way to make money. Adults between 35 and 44 were more likely to view home flipping positively than those 45 and older (77 percent versus 60 percent), while 44 percent of men and 31 percent or women thought they would be able to complete a home flip.
 
“Risks are inherent with all investments, so diversification is important for any investor’s portfolio,” said Nav Athwal, CEO of RealtyShares. “That the majority of Americans haven’t tapped into real estate can speak to the lack of access that has been inherent in the industry for a long time.”

 
About the author
Published
Apr 20, 2017
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024
Rocket's Tim Birkmeier To Retire

Birkmeier is bidding farewell after a 28-year career at Rocket Companies.

Mar 21, 2024
How NAR’s Settlement Impacts Homebuying

While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.

Mar 19, 2024
NAR Reaches $418 Million Settlement

The association agreed to give home sellers the option of compensating agents.

Mar 15, 2024
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Mar 14, 2024