edited by Jodi Summers National Geographic has come up with a very entertaining app that takes you through your weekly water usage. By plugging information about your home, yard, diet, energy, and consumer choices the app calculates your water usage compared to the average American. Know this: The average American lifestyle is kept afloat by […]

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 Builder.com for providing the statistics. Age in peace, wealth and good health. ** http://builder.hw.curationdesk.com/files/2014/03/ageinplace_HERO.png http://www.santamonicapropertyblog.com/?p=5503    

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 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 […]

by Jodi Summers Fascinating facts and boring charts on owners and renters, according to the 2012 American Community Survey: WHO OWNS The typical owner-occupied household is headed by an individual between 45 to 54 years of age.  The median household income in 2012 was $65,514. The average household size was 2.7 occupants with the most […]