Industry News

Survey: seniors believe homeownership was their smartest financial decision

Photo by Christian Bowen on Unsplash

REALTOR Magazine

Beyond the sentimental attachments that seniors have built for their homes, they also believe homeownership was the smartest financial decision they ever made, a new survey says.

Nearly three in four seniors—74%—say that purchasing their home was their best financial decision, according to a new survey of more than 1,500 respondents ages 60 to 75 conducted by the American Advisors Group. Further, 73% of respondents say that their home has become their most valuable asset.

Read more: Seniors: Buying a Home Is Smartest Financial Decision

Related posts

Home Prices In These Five ZIP Codes Are Driving Pierce County Real Estate

jlspr

John L. Scott’s Jim Remley serving as RRC webinar panelist

jlspr

What to know about ADUs in today’s market

jlspr