Follow the Money – How Recent Buyers Purchased Their Home (NAR Infographic)

Here is a look at how recent buyers purchased their home:

Median purchase price – $235,000
Obtained a mortgage – 88%
Down payment amount – 10 percent
Down payment sources – savings (59 percent); sales proceeds from previous home (38 percent)
Received down payment help from family/friends – 16 percent
Obtaining a mortgage was not difficult/easier than expected – 66 percent

For more Information read the 2017 Profile of Home Buyers and Sellers.

Real Estate Infographic

Cary Grant’s Former Villa Paradiso Estate in Palm Springs, California

Presented by: HOM Sotheby’s International Realty

Welcome to Villa Paradiso, steeped in history, elegance and incomparably the last true luxury estate ever to be offered in Palm Springs. Nearly 4 acres of manicured grounds boasting stately cypress trees, hundreds of palm trees and the most commanding panoramic mountain views in the entire desert.

Walled and gated, this incredibly private and secure compound is tucked away in the heart of the prestigious Old Las Palmas neighborhood. This masterpiece was built for a Chicago Heiress in 1928 and has been lovingly restored while preserving its original Moorish architecture and integrity, including its 17 thick walls. Charlie Rich built the pool guest house for friend, Cary Grant, who named the estate Villa Paradiso for, as he said, it was all of that and more. Villa Paradiso offers 4 separate residences with approximately 15,000 square foor, 8 bedrooms, 14 bathrooms, 3 kitchens, 4 living rooms, each overflowing with old-world charm and a 4-car climate controlled garage.

Which Online Platforms Should be Killed Off?

Source: Statista

At one point or another, something on social media can just drive you over the edge. Whether its a nasty message from some creep on Tinder or a questionable tweet from the president, many people have thought about just closing their account and quitting altogether. According to Harris Poll data published by recode, some Americans wish certain online platforms would just go away for good.

2,000 Americans were polled on feelings about a selection of different online platforms and the research uncovered a high level of negativity. Take Twitter for example. 46 percent of respondents said they want to “kill it and let it die” while 43 percent want to “fuel it to keep it alive”. Even though 42 percent were not aware of dating app Tinder, 43 percent who are aware of it want it killed while 15 perent want to keep it alive.

Facebook has over two billion monthly active users and in the U.S. at least, 32 percent want to kill it while 64 percent want it kept alive. Other applications are far less popular and workplace chat program Slack is an interesting example. Only 28 percent of Americans are familiar with it and out of that, 29 percent want it axed while only 8 percent want it kept alive.


The Most Hashtagged Cities On Instagram

Source: Statista

Instagram has become a huge hit with travelers around the world and London has dethroned New York as the most hashtagged city in a recent report. According to “Hashtag the World“, London had 88.87 million hashtagged posts in 2017, a growth rate of 38 percent. The average number of hashtagged posts in London every day is 59,850.

It just about beat the Big Apple which has now fallen into second position with 88.51 million #NYC posts. On a daily basis, the post count averages 50,549. Paris rounds off the top three with 75 million posts in total. Even though Los Angeles was further down the list in seventh place, it did record the fastest growth rate of any city with its post count rising 54 percent.

Real Estate Infographic