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BUSINESS

47% See Buying A Home As Family’s Best Investment

Most Americans continue to believe now is not a good time for someone to sell their house.  At the same time, confidence that buying a home is the best investment a family can make has fallen to a new low.

A new Rasmussen Reports national telephone survey finds that 47% of American Adults say buying a home is the best investment a family can make , down five points from last month and the lowest level ever recorded. Prior to the current numbers, this finding had  ranged from a low of 51% to a high of 73% since September 2008.  

Thirty-two percent (32%) don’t believe purchasing a home is the ideal choice for a family to make, while 22% are not sure. (To see survey question wording, click here.)

New homeowners are far more inclined to believe buying a home is the best investment for a family than those who’ve purchased a house two or more years ago.

Only 11% of all adults say it’s a good time for someone in their area to sell a house, a finding that has ranged from a low of nine percent (9%) to a high of 19% since April 2009.  Seventy-two percent (72%) say it’s not a good time for someone to sell their home, while 16% are not sure.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook. 

The survey of 1,000 Adults was conducted on June 17-18, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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