Palisades Park Santa Monica (80)

edited by Jodi Summers Didja know these statistics about the City of Santa Monica…. The 2012 U.S. Census estimates that almost 28% of Santa Monica residents own a home. The median value of owner-occupied units within the City was $992,100 in 2012. At the end of the 1st quarter of 2015, the median sold price […]

edited by Jodi Summers Home ownership in necessary for wealth creation. Owning is better than renting because, over time, the net worth of homeowners significantly outpaces that of renters. Researchers at the Joint Center for Housing Studies at Harvard University recently analyzed the reasons why the net worth of homeowners has outclassed that of renters, […]

This chart shares popular upgrades people make for aging in place in their homes. We thank Hanley Wood and for providing the statistics. Age in peace, wealth and good health. **    

by Jodi Summers Here’s some fun statistics to share with your friends in colleagues….as of July 1, 2013, there were 316,128,839 people in the United States. The Census Bureau recently released estimates on the size, share of total population, age range, and birth date of each generation based on that date… Recession generation: 19,868,088 (6.3%) […]

by Jodi Summers Mrs. W is living the life. It wasn’t always that way. This millennium brought with it the passing of her husband, as well as the stock market crash. Nervous about her retirement position long and hard before selling the family home and purchasing a less expensive villa Mexico. Now she has freed […]

by Jodi Summers Close to 80% of the 41 million Americans age 65 and older are considered homeowners.  This is highest percentage of all age groups. Of those senior homeowners, approximately 70% have paid off their mortgage, according to the Consumer Financial Protection Bureau. The amount of mortgage debt tends to hover around 30%, but […]