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 […]

by Jodi Summers The residents of Santa Monica tend to think they live in their own little self-contained city, with its own government, business economy, water supply and elitest real estate process. Those on the outside of the “Republic of Santa Monica” see this city by the sea – with a daytime population of 250,000 […]

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Courtesy of the City of Santa Monica department of Planning and Community Development Planning and Zoning Division  

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