Interesting Real Estate Facts you probably do not need to know

This article is about some facts that you probably have not heard about, but they are interesting in the facts and housing data I never thought of. The article comes from http://www.courant.com/ by Melissa Rolland. Let's dive into some interesting facts. 

" We hear a lot about foreclosure statistics and how many homes are "under-water" (meaning, that the owner owes more on the house than it is would sell for in the marketplace today). Did you know that almost 30 percent of Americans own their home "free and clear," without a mortgage? That's approximately 21 million households!"

That is a lot of homes and I think also that most people have equity in their homes and they are not underwater. Today's home owners have less debt than before.

"In the United States, there are five times as many vacant houses as there are homeless people."

Did not know that.......interesting fact I think? 

"In 2009, there were more foreclosures in the United States than there were marriages."

That is surprising and shocking and happy that we have turned this statistic around. I think marriages would be a better asset.

"In Scotland, homeowners paint their door red when they pay off their mortgage."

I don't know if we would want to do that in the US, but I like red doors. 

"Charles "Pretty Boy" Floyd was a Great Depression era gangster who was viewed positively by the public. When he robbed banks, he would destroy mortgage documents, which freed many citizens of their debts."

I am sure the banks are glad we now have computers. Pretty Boy did forget about the investors that lost their money. 

"Some doorknobs disinfect themselves, including lead, iron, silver, aluminum, and copper. The best material to use for a self-disinfecting doorknob? Brass."

Be clean America buy the right doorknobs. I did not know that that though and will be checking out my knobs for sure, 

Need all the facts on buying or selling a home. Let's get coffee to chat about it.....I'm 

Brett 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona 

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