Is Real Estate a Good Long-Term Investment in the Finger Lakes?

By Vicki Schamel

Has been a dedicated Realtor for over 30 years. She first entered real estate to balance work and raising her two young daughters, but it soon grew into a lifelong passion.

Are you wondering whether real estate is a good long-term investment? In the Finger Lakes area, this is a particularly hot topic, given the extensive news coverage of the housing market’s fluctuations. But despite the mixed headlines, one thing remains clear: real estate continues to be one of the best long-term investments.

In an unpredictable financial climate, many people are looking for reliable investment strategies. A recent Gallup report reveals that, for 12 years in a row, real estate has been voted the top choice for building long-term wealth. If you’re considering investing in the Finger Lakes, now might be the perfect time to take action. Here’s why:

Voted the best investment. According to the latest Gallup report, 37% of people selected real estate as their top investment for 2025. That’s a huge lead compared to other options, like gold (23%), stocks and mutual funds (16%), and savings accounts and Certificate of Deposits or CDs (13%). Although we hear a lot about cryptocurrency, it ranked last with only 4%. This shows that, even with newer investment options available, real estate remains a trusted and solid choice.

It outshines other investments. One of the reasons real estate is such a substantial investment is that it’s easy to understand. Unlike stocks or cryptocurrency, which can be confusing and unpredictable, real estate provides a tangible asset. Whether you’re investing in a rental property or buying your own home, real estate creates long-term wealth. People know what to expect, and it’s been a stable investment for over a decade.

The Finger Lakes market is a great place to invest. The Finger Lakes region is especially attractive to real estate investors. With its beautiful lakes, charming small towns, and growing communities, this area offers excellent opportunities for both rental properties and long-term homeownership. Whether you’re a first-time homebuyer or an experienced investor, the Finger Lakes market continues to provide value and growth potential.

With real estate consistently ranking as a top investment choice, it’s clear that the market can provide stability and growth for years to come. If you’re ready to explore your options, feel free to contact me. Call me at 607-795-2904 or email me at vickischamel@kw.com. I’m here to help you find the best investment opportunities.