Homestead Realty Blog

Our Latest News and Information.

Latest Articles and News

Fun Things About Real Estate

Posted

While looking for fun things about real estate today, this is what I found.

According to Lending tree, in the US there are more single women homeowners than single men. G2 tells us that Properties that have been staged sell 25% more quickly than unstaged homes.

CXRE says that the best commercial real estate market in the US is in Austin, Texas. Did you know the most well-known real estate and rental marketplace in the US is Zillow? England’s Buckingham Palace is the world’s most expensive home. Imagine trying to pay the bills for that place, no thank you.

According to MarketWatch, Massachusetts is surprisingly the most expensive state in the US to buy a home in. Among the most populous cities in the US, Springfield, Montana, has the lowest average rent at $695 for a single-family home.

Do you hate moving as much as I do? In their lifetime, the typical American is likely to relocate 12 times. For those who despise unpacking, you might be among the typical American to move or relocate 12 times in our lifetime.

I thought this was cool, when they pay off their mortgage, Scots paint their front door red. Have you ever wondered where the most expensive zip code is in America? Well, Atherton’s zip code 94027, which has a median real estate sale price of well over $7 million, is the most expensive in the country.

According to real estate statistics, the average age of US homebuyers is 47, while the average age of property sellers is 57. Did you know that real estate helped 90% of the world’s millionaires accumulate their wealth?

In Japan, there are no limitations on foreigners owning property. One of the top objectives for 79 percent of Americans is to acquire a home, and are you aware that in the US, rental properties are owned by individual real estate investors to the tune of 74.4 percent?

Comment below your thoughts, did you know any of these fun facts?

Author