Did You Know?

DID YOU KNOW? The median gross income of Real Estate Agents was $39,800 in 2017, a decrease from $42,500 in 2016. 65% percent of Agents are licensed as sales agents, 21% hold broker licenses, and 15% hold broker associate licenses. There are about 2 million active real estate licensees in the USA. (NAR)
DID YOU KNOW? The typical US home size is 1,500 square feet and the typical homeowner is 55 years old and has lived in their current home for 14 years.
DID YOU KNOW? The following items have the capacity to boost home values: A freestanding tub, A Steam oven, Professional appliances, Dual range ovens, Pizza Oven, Wine cellar, Steam shower, Pot filler faucet, Shed/Garage studio, Heated floors, Waterfall countertops, an Outdoor kitchen, a prep sink, Solar panels, (Marketwatch)
DID YOU KNOW? Los Angeles Mayor Eric Garcetti is almost 12 months into his 2nd term and the economy of the 2nd-largest city is outperforming New York, Chicago and the rest of the U.S. Measured by the growth of personal income, gross domestic product per capita, jobs, home prices, global trade and transportation, corporate equity and municipal debt, Los Angeles has become the most productive of the 5 biggest U.S. cities. (Bloomberg)
DID YOU KNOW? LA has seen a 19% rise in per capita personal income over the past 5 years, beating New York's 18%, Chicago's 17% and the U.S. average of 15%. The L.A. job market also reversed its historic inferiority, erasing the 3.2 percentage point gap with U.S. unemployment prior to 2013 to match the national unemployment rate. L.A.'s GDP per capita surged 11.8% the past 5 years, dwarfing Chicago's 7.4%, almost three times New York's 4.1% and twice the average for 383 U.S. metropolitan areas. (Bloomberg)

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