55% Still See Buying Home As Family’s Best Investment
A majority of Americans believe purchasing a home is the best investment a family can make, but they still don’t think now is the time for someone in their area to sell a house.
A new Rasmussen Reports national telephone survey of American Adults shows that 55% believe buying a home is the best investment a family can make, up slightly from last month. Twenty-six percent (26%) disagree and say home buying is not a family’s best possible investment, while 19% more are not sure. (To see question wording, click here.)
Over the past year, 51% to 60% of adults have said buying a home is a family's best investment. Still, that's a noticeable drop from February 2009 when 73% felt that way.
Only 13% of adults say it’s a good time for someone in their area to sell a house, although that is the highest result found since last June. Most (68%) say it’s not a good time to sell a home. Nineteen percent (19%) are undecided.
For almost two years, the number of adults who say now’s the time for someone in their area to sell their home has ranged from a low of nine percent (9%) in January of this year to a high of 19% in March 2010. The number who disagrees has run from 63% to 77% over the same period.
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The survey of 1,000 Adults was conducted on March 15-16, 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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