As Q2 of 2014 continues to blossom, so does the focus on buying real estate for Americans. In a recent Gallop Poll report, the April Economy and Personal Finances Poll, real estate has taken the lead in long-term investment options for most US citizens.

Considering the roller-coaster ride real estate has been on over the last 6 years, the recent Gallup report is a huge support to the stabilizing housing market, as well as potential home sellers and buyers. Historically, buying real estate has been thought to be a stable, long-term investment. After the bubble-burst of 2008, that investment potential became less reliable, as property values and on-hand inventory fluctuated controversially to stall investment potential. While iterations have been made that the housing market is “improving”, there has been continued reticence towards real estate investment for the long-term. That time, as per the poll, has past.

Buying Real Estate vs. Other Long-Term Investment Options

With this recent Gallup Poll, real estate investors and sellers are finally seeing stabilization in property values and the real estate industry as a whole. Consequentially, their confidence in buying real estate, as part of a long-term investment strategy, is prevalent in the relative statistics.

 More specifically, the poll relates that the interest in buying real estate as a long-term investment spans just about all age ranges and income levels.

Your Plan for Buying Real Estate

If you are ready to make your long-term investment in property, there are a few points to keep in mind:

Mortgage Rates are STILL at Historic Lows. Now truly is the time to buy. With confidence growing in the industry and property values stabilized in most regions, it’s only a matter of time before interest rates begin to climb steadily. Get the best of both worlds with a stable, long-term investment at the lowest rates possible.

• Still Unsure? Act Now Anyway. Even if you’re only considering buying real estate, take the time to meet with a local mortgage banker to get the facts on the interest rate you qualify for as well as activity in your local real estate market. Like any other future-looking investment model, knowledge and preparation are powerful tools to get the most out of your long-term real estate investment.

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