Fun Fact Friday 😬 9/29/2023
Just 3 fun facts and 1 quote to share with you today. Thanks for reading and as always, reach out anytime with questions! (Want this delivered to your inbox weekly? Subscribe HERE.)
Fun Fact 1:
The past August in Colorado Springs, the average sale price was $553,959 while the median sale price was $480,000. This is up ⬆️$23,412 and down ⬇️$592 respectively from August, 2022. (The average is calculated by taking the sum of all the numbers and dividing by the total number of values. The median is calculated by taking the “middle” value, the value for which half of the observations are larger and half are smaller.)
Source: Realtor Services Corp / PPAR
Fun Fact 2:
Less than half of American households are likely to be able to cover at least their essential expenses in retirement.
Source: Peter Mallouk, Fidelity
Fun Fact 3:
US National Debt has crossed above $33 trillion for the first time, just 3 months after hitting the $32 trillion mark. Over the past five years, the national debt has increased by 54%, moving from 21.5 trillion up to $33 trillion.
Source: Charlie Bilello
Quote I’m pondering:
“It takes 10-15 years to become an overnight success.”
-Robert Herjavec (while on Shark Tank)
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.