Did You Know...
Richard Elias
Top Producer | Real Estate Professional | All Surrounding San Diego Areas | COMPASS
* Carmel By The Sea, Sedona, Arizona, St. Augustine, Florida and Bar Harbor Maine made it to the list of the World's Most Beautiful Small towns. (Architectural Digest)
* From 1940 to 2019, Americans’ life expectancy rose by almost 16 years, while the share of the U.S. population 65 and older grew from 9.8% to 16.7%. The elderly have progressively more healthy years to work. Most important, increased life spans have meant that older Americans’ wealth portfolios have been able to compound for longer. eg: ?Warren Buffet was worth around $30 billion two decades ago at the age of 72.....today at age 92 he's worth $111 billion....even after giving away over $50 billion!
* Only 28% of millennials (ages 27 to 42) and members of Gen Z (ages 18 to 26) answered “not at all” when asked if they still relied on their parents for financial support. 70% of millennials felt ashamed doing so. About 57% of millennials and Gen Z in the study said that they have a hard time saying no to impulse purchases. And more than 60% said they would prefer to spend money on life experiences now than save for retirement. (Experian)
领英推荐
* 593 (or 8.9%) of the roughly 6,700 publicly traded corporations in America moved their HQs in the past fiscal year, the highest rate of corporate headquarters relocation in 7 years, and it's been on the rise since it took a dip to below 7% in 2020 (likely due to the pandemic). Florida had 86% more corporations move their HQ there, compared to those moving out of Florida, the highest net gain of any state! Texas, which recently welcomed Hewlett-Packard and Caterpillar, among others, saw the second highest net gain (71%). Arizona (+65%) and Utah (+57%), both saw very impressive growth too. Even 112 year old New York real estate brokerage Douglas Elliman's parent company is now based in Florida. (World Property Journal)
*? The average homeowner is 56 years old.? 23.4% of homeowners are 55 - 64 years old and live in their homes for an average of 17 years....and have a 75.1% homeownership rate. 65 - 74-year-olds though have the highest homeownership rate among all age groups at 79.5%. (US Census)