
January 4th is National Trivia Day so I’m bringing you some real estate trivia that you might find useful and/or amusing.
- The average person in the United States can expect to move 11.6 times in their lifetime.
- Half of all Oregon renters spend more than 30% of their income on rent, with 27% of them spending more than half of their income on housing and utilities.
- You might think Lake Oswego prices are high but Buckingham Palace is the most expensive house in the world, valued at $4.9 billion.
- Red doors in Scotland have traditionally been the homeowner’s way of saying, “I’ve paid off my mortgage!”
- 49% of homebuyers cited the quality of the neighborhood as the most important factor in determining their location which bodes well for Lake Oswego neighborhoods!
- From 1908–1940, Sears, Roebuck and Co. sold about 70,000 – 75,000 homes through their mail-order Modern Homes program. Some were no-bath cottages, for which a separate outhouse could be purchased.
- Hong Kong has the smallest new homes averaging 484 square feet and Australia has the largest at 2,303 square feet. The United States average is 2,164.
- First-timers made up 26% of homebuyers in 2021.
- In 1886 the United States paid Russia $7.2 million for the territory of Alaska – meaning that the U.S. acquired nearly 600,000 square miles for less than 2 cents an acre – now that’s a deal!
- One in 10 people have sold their homes due to a paranormal experience.
If you’d like to know what your house is worth or how much it might cost you to move to Lake Oswego, give me a call at 503.939.9801 and/or email me at kevin.costello@cascadehassonsir.com. I’d love to put my 30+ years as a Lake Oswego Realtor and homeowner to work for you!