The U.S. has accumulated as much debt, $7.13 Trillion, in the past 7 years as it has in its entire history up to 7 years ago-Treasury Department
Through the first 4 months of 2011 the U.S. Stock Market’s value has increased by $1.4 trillion to $16.9 trillion-BTN Research
The top 1% of taxpayers paid an average tax rate of 34.5% in 1980. In 2008 they paid an average tax rate of 23.3%.-IRS
The bottom 50% of taxpayers paid an average tax rate of 6.1% in 1980. In 2008 they paid 2.6%-IRS
Over the last 20 years the value of assets owned by Americans tripled in value to $71 trillion-Federal Reserve
At the same time over the past 20 years the debt owed by Americans quadrupled to $14 trillion-Federal Reserve
So…the total net worth of Americans is $57 trillion-Federal Reserve
On May 4th the government released a list of 12,217 properties owned by the federal government that are “excessive and unnecessary.” -Civilian Property Realignment Act
Nearly 1 out of 4 of those properties are located in California-CPRA
Boulder real estate home sales had diminished total number of homes sold year over year for 2011. Average price is up 1.1% YOY. Number of days on market is down to 79 days on market or down 2.9%. 71 homes between $720k and $4.15M sold since January 1st 2011 and 63 homes between those price ranges are under contract.
If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.