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Real Estate Industry Statistics / Real Estate Industry Stats   
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Real estate stats cover areas that include home ownership, foreclosures, real estate brokers, and other trends and data related to the real estate industry.

Category Tags / Keywords:  foreclosure, real estate, realtor, mortgages, houses, homes

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Real Estate Industry Stats

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% of homeowners who wish they understood the terms and details of their mortgage better.  Six in 10 homeowners wish they understood the terms and details of their mortgage better.
% of homeowners who are delinquent in their mortgage payments and who are not aware of services that mortgage lenders can offer to individuals having trouble with their mortgage.   More than 6 in 10 homeowners delinquent in their mortgage payments are not aware of services that mortgage lenders can offer to individuals having trouble with their mortgage. –
% of American households that spend more than they earn each year.  43% of American households spend more than they earn each year.
% of employees who live paycheck to paycheck.   52% of employees live paycheck to paycheck.
% of all American households that do not have enough in liquid financial assets to support themselves for at least three months.  Nearly 42% of all American households do not have enough in liquid financial assets to support themselves for at least three months.
% of American households have less than $5,000 in liquid assets, including IRAs.  46% of American households have less than $5,000 in liquid assets, including IRAs.
Number of foreclosure filings reported in 2007  A total of 2,203,295 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,285,873 properties nationwide during the year 2007, up 75 percent from 2006.
Number of foreclosure filings reported in December 2007  215,749 foreclosure filings were reported in December, up 97 percent from December 2006 and bringing the fourth-quarter total to 642,150 filings on 527,740 properties
State with the highest foreclosure rate for 2007  Nevada posted the nation’s highest state foreclosure rate for 2007, with 3.4 percent of its households entering some stage of foreclosure during the year — more than three times the national average.
Number of foreclosure filings reported in Nevada in 2007  A total of 66,316 foreclosure filings on 34,417 properties were reported in Nevada in 2007, an increase of more than 200 percent in total filings from 2006.
State with the second highest foreclosure rate for 2007  With more than 2 percent of its households entering some stage of foreclosure during the year, Florida documented the second highest state foreclosure rate for 2007. A total of 279,325 foreclosure filings on 165,291 properties were reported in the state during the year, more than twice the number of filings reported in 2006.
State with the third highest foreclosure rate for 2007  Michigan documented the nation’s third highest state foreclosure for 2007, with 1.9 percent of its households entering some stage of foreclosure during the year. A total of 136,205 foreclosure filings on 87,210 properties were reported in the state during the year, a 68 percent increase in total filings from 2006.
State with the highest number of foreclosure filings and the most properties in some stage of foreclosure in 2007.   With a total of 481,392 foreclosure filings on 249,513 properties during the year, California documented the highest number of foreclosure filings and the most properties in some stage of foreclosure in 2007.
% / percent of its households entering some stage of foreclosure during the year  California's total foreclosure filings more than tripled from 2006, and the state’s 2007 foreclosure rate — 1.9 percent of its households entering some stage of foreclosure during the year — ranked fourth highest among the states.
Growth rate in 2008 foreclosure filings  U.S. foreclosure filings spiked by more than 81% in 2008, a record, and they're up 225% compared with 2006.
Number of families that lost their homes to foreclosure in 2008  A total of 861,664 families lost their homes to foreclosure in 2008, according to RealtyTrac, which released its year-end report Thursday.
Number of foreclosure filings issued during 2008  There were more than 3.1 million foreclosure filings issued during 2008, which means that one of every 54 households received a notice in 2008.
In California and Florida, the % of homeowners who miss a payment and end up in foreclosure.  In California and Florida 80% of the homeowners who miss a payment end up in foreclosure, according to the MBA.
Hours worked by all REALTORS in the US (nationwide)  Hours worked by all REALTORS® (nationwide): 40 per week
Gross personal income of Realtors  Gross personal income of Realtors by hours worked: $63,000 (median for 40-59 hrs.)
Percent of business generated by REALTOR® personal web site (all REALTORS®)  Percent of business generated by REALTOR® personal web site (all REALTORS®): Zero - 28%; over 25%- 12%
Real estate experience of all REALTORS® (median)  Real estate experience of all REALTORS® (median): 7 years
REALTORS by gender  REALTORS® by gender: Male 41%; Female 59%
Formal education of REALTORS  Formal education of REALTORS®: Some college: 34%; associate degree: 12%; Bachelor's degree: 26%; High school graduate: 8%; Graduate degree and above: 10%; Some graduate school: 8%
Affiliate membership of REALTORS  Affiliate membership of REALTORS ®: CCIM: 1%; CRE: 1%; CRB: 3%; CRS: 10%; IREM: 1%; REBAC: 10%; RLI: 1%; SIOR: less than 1%; WCR: 4%
Sides per agent: For all REALTORS in 2006, the number of transaction sides completed by a typical brokerage specialist  Sides per agent: For all REALTORS® in 2006, the typical brokerage specialist completed 10 transaction sides
Number of years with present firm (median)  Number of years with present firm (median): Agents - 3 years; Brokers - 7 years
REALTOR affiliation with firms  REALTOR affiliation with firms: Independent contractor 83%; Employee 6%; Other 11%


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Reports Related to Real Estate Industry Stats

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Internet Users In Search of a Home Pew Internet and American Life Project Link to This Site
Real Estate Advertising Outlook: 2007-2012 (For Pay) Borrell Associates Link to This Site