Real Estate Remains The Best Investment Available

December 19, 2006

  The average home purchased just five years ago has appreciated approximately 49%.  Even with a recent 2.2% decline in the median price of a home, this still equates to more than a 45% return on investment for the average homeowner.  The Media reports of a vast market decline are deceiving and consumers will benefit from purchasing now, before prices begin to rise once again.

According to Forbes magazine (using U.S. Department of Housing and Urban Development statistics) U.S. real estate sales prices increase more than 56% from the beginning of 1999 to the end of 2004.  The S&P 500 index dipped nearly 6% during that same period.

Year-to-year fluctuations are normal - but real estate remains one of the best performing and consistent long-term investments available.  Median existing U.S. home sale prices have increased on average 6.5% each year from 1972 through the year 2005, and 88.5% over the last 10 years combined.  For consumers looking for long-term and stable growth rates, real estate is still their number one choice.

Questions or comments - assistance in selling or purchasing property?  call or email me (619) 297-7001  Gary@OceanViewHomes.com

Posted in All Things San Diego, Real Estate