Hey Friends!
I have 3 fun facts for you today. Hope you have a great weekend!
Blessings!
Andrew
Fun Fact 1:
On June 18th, Compass’s market capitalization overtook Zillow’s for the first time: $7.47 billion vs. $7.43 billion. Why it matters: It’s a reflection of the shifting power dynamics between brokerages and portals – partially driven by exclusive inventory – in a changing industry.
Source: Mike Delprete
Fun Fact 2:
The median household income now stands at $87,000 from research through 2025. (An estimate that has less than a 1% margin of error.)
Source: CPS ASEC; Unleash Prosperity Hotline
Fun Fact 3:
National home prices, as measured by the Case-Shiller Index, now sit at more than 3.3 times their January 2000 level. That long-term rise is normal and expected over decades, driven largely by inflation, population and income growth, and limited housing supply rather than any current red-flag conditions. Slow and steady wins the race.
Source: FRED
Quote I’m pondering:
“I want AI to do my laundry and dishes so that I can do art and writing, not for AI to do my art and writing so that I can do my laundry and dishes.” -Joanna Maciejewska
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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.