About Me

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I came to residential Real Estate just a bit under 10 years ago, after having been very successful in other ventures...I've been a senior excutive with 2 public companies, an art publisher, I've owned a small TV station, I've been an apparel designer...and have been befriended by International acknowledged Artists like LeRoy Neiman, Erte, Yaccov Agam, Lebadang, and Leonardo Nierman...I've made presentations to Captains of Industry like Steve Wynn, Merv Griffin, and former Air Force Chief of Staff General McPeak. So I've seen and done alot...and today, after a serious health challenge, I'm a Realtor on Chicago's North Shore, but upon reflection, but Real Estate may well be the most rewarding of all of my endeavors, except for being a Grandfather to 2 beautiful children. Professionally, I thrive upon 'HELPING MAKE DREAMS COME TRUE'.

Sunday, November 8, 2009

HOW BIG AND HOW EXPENSIVE ARE CEOs HOUSES

HOW BIG AND HOW EXPENSIVE ARE CEOs HOUSES....

I found this Factoid published in the Chicago Tribune interesting...

Business researchers at Ohio State University and Claremont -McKenna College in California peeked into public records of 1351 CEOs,circa2005.

They found the average CEO had bought his home for 1.65M (prices adjusted to 2005 levels). That "average" house had 5180 sq ft ...

...and that 67% carried mortgages...borrowing 67% LTV.

TRIVIA...

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