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25 Fun real estate facts that will blow your mind!

Real estate collageIf you’ve ever thought buying or selling houses can be a little boring, check out this list of 25 unbelievable real estate facts!

  1. If you appraised the White House, it’s estimated it would be valued at around $110 million!
  1. Alaska holds two important distinctions for U.S. states: it’s both the northernmost state and the easternmost state.
  1. Speaking of Alaska, many people don’t realize that Japanese forces invaded a few remote Alaskan islands during WWII, making it the only occupied U.S. land during that war.
  1. When real estate and hotel mogul Leona Helmsley passed away in 2007, she left $12 million to her dog, Trouble, in her will.
  1. There are five times as many vacant houses in the U.S. as there are homeless people.
  1. The competition for the tallest building in the world used to be all consuming and create intense competition, so when the Chrysler Building went up in New York in the 1920s, the architects wanted to keep the final height a secret from other city’s builders. So they actually built a 125-foot spire and stored it inside the building, and then only pushed it up out to top the structure when it was done, earning the designation of tallest building.
  1. These days, the Burj Khalifa in Dubai is the tallest building in the world, reaching an unbelievable height of 2,717 feet tall (more than half a mile.) It’s so high that you can watch the sunset from the bottom floors and then take the elevator to the top and watch it again.
  1. In the midst of the Great Recession, 2009 saw more foreclosures than marriages in the U.S.
  1. The profession with the highest percentage of homeowners (and least number of renters) is farmers and ranchers, with a 90.4% homeownership rate.
  1. By the, real estate agents are second with 84.9% homeownership, followed by postal workers (84%), firefighters (83.6%), and police officers (80.1%).
  1. In order to preserve the natural scenic beauty, the states of Vermont, Hawaii, Alaska and Maine have laws that ban all outdoor roadside billboards.
  1. Back in the 1930s, gangster Charles “Pretty Boy” Floyd robbed a lot of banks. But he was seen as a hero by common people since he would collect mortgage documents and destroy them every time he robbed a bank, freeing hundreds of people from their home loan debts.
  1. In China, they’ve made prefabricated construction so efficient that they can erect a 30-story skyscraper in only 15 days!
  1. Do you think real estate disclosures are a little excessive in California? In New York State, owners legally need to disclose if the home they’re selling is thought to be haunted by ghosts or paranormal activity.
  1. The average U.S. home built last year is early 2,600 square feet, and we even consider older 1,500 square foot homes small. But in most developing countries, a common home may only be 75 square feet – basically, one room!
  1. Are you a Scottish homeowner that just paid off your mortgage? You’ll probably want to paint your front door bright red as is the custom, letting others know you’re mortgage debt free.
  1. Flood insurance is a necessity around Lake Superior. In fact, the Great Lake holds so much water that if it every emptied, it could theoretically spill one foot of water across the entire United States!
  1. “We’re going to Vegas!” is a common rallying cry for partiers, gamblers, and those who need a vacation. But most people don’t realize that the majority of the Las Vegas Strip sits in the neighboring city of Paradise, saving casinos, hotels and establishments millions in lower taxes.
  1. The game of Monopoly wasn’t intended to be a primer in the benefits of real estate investment, but originally to warn players about the pitfalls of Capitalism.
  1. Warren Buffet may be one of the richest men in the world, with a vast fortune due in part to real estate investments, but the Oracle of Omaha still lives in the same house he bought with his wife for $31,500 in 1958.
  1. The planet Pluto has a smaller surface area than the country of Russia.
  1. You’ve probably heard of people who specialize in bartering, and maybe even seen TV shows where people try to “trade up” to bigger and better possessions. Well one man started with a single red paper clip and traded his way up until he owner an entire house!
  1. McDonalds, the most famous restaurant chain in the world, doesn’t make its fortunes from selling burgers, but selling real estate to franchisees for their fast food locations. In fact, McDonalds is the largest commercial landowner in the world.
  1. When Apple computers wanted to build a new facility in North Carolina, they bought a single acre of land in the path of the project’s build for $1.7 million from an elderly couple. Their profit? They’d bought it for $6,000 34 years earlier.
  1. The wealthiest man in India has built a billion dollar personal residence, complete with 27 floors and six levels just for parking, accommodating his 168 cars.

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