Industry News

Few investors worried about real estate bubble

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When owners of a primary residence or rental real estate were asked how concerned they are about a real estate crash within the next six months that will have a major impact on their personal financial situation, 14 percent said they are "very concerned" and 4 percent said they are "extremely concerned," according to a survey of 1,000 investors. The survey, conducted by Amplitude Research in mid-December for AFA Financial Group LLC, a securities broker-dealer firm, also found that television and radio financial hosts received the lowest rating for ethics and trustworthiness among professions related to providing financial advice to individual investors, while certified public accountants and certified financial planners received the highest ratings. Survey participants were asked to rate the level of ethics and trustworthiness of 11 professions using a five-point scale ranging from "not trustworthy at all" to "extremely trustworthy." The professions included: attorneys (tax or estate...