Valentine’s Day, also called Saint Valentine’s Day or the Feast of Saint Valentine, is celebrated annually on February 14th. Originating as a Western Christian feast day honoring one or two early saints named Valentinus. Valentine’s Day is recognized as a significant cultural religious, and commercial celebration of romance and romantic love in many regions around the world! Could a piece of Northwest Arkansas real estate be the right gift?
It’s expected that more than half (53%) of all Americans will pull out all the stops this February 14th. They will be spending a collective $30 billion on all manner of heart-shaped treats and experiences.
So who’s spending what on whom?
If you’re one of the 53% of Americans planning to spend on someone for Valentine’s Day, I hope you’ve got deep pockets. The average person is expected to spend $221.34.
As far as the spending battle between the sexes, 62% of men expect to spend for a loved one, versus only 45% of women who say the same. It’s little surprise that those spending on their wives will pay the most in 2019 at an average of $357.96. That’s 73.5% higher than the $206.23 those spending on their husbands.
There’s a similar divide between boyfriends and girlfriends, who say they’ll spend $231.55 and $105.02, respectively.
Will you be a Valentine’s Grinch?
Roughly 43 million Americans-about 17% of the population, will get an unwanted Valentine’s Day gift in 2019. This calculates to about $9.5 billion spent on gifts nobody wants!
Our recommendation is to buy your loved one some property in Northwest Arkansas. We can help with all your real estate questions and find the perfect gift.