Real estate agents Charleston SC recently learned that 81% of American adults still believe that buying a home is the best investment a person can make, according to a nationwide study by the Pew Research Center. This is only a 3% decrease from 20 years ago when 84% of American adults thought it was the best investment a person can make, based on a CBS News/New York Times survey.
Charleston SC real estate agents recognize that the housing market has been tumultuous over past several years, but are not surprised that homeowners consider their Charleston SC real estate their most prized investment. While Charleston home rentals continue to trend, generally most adults aspire to own their home.
Houses for sale in Charleston SC are priced more reasonably than a few years ago, making buying more affordable than renting in some areas. The Pew study also found that 81% of renters would prefer to own a home rather than continue to rent. In addition, 47% of homeowners state their home is worth less now than before the recession; 31% say its value has remained the same; and 17% claim their home is worth more than before the recession.
With home prices declining, now is the perfect time to rent or buy homes for sale in Summerville, Charleston, West Ashley or the surrounding areas. Call a Golden Bear Realty expert today to learn more about Charleston SC real estate.
