Your real estate market report for the greater Bloomington Indiana area. This blog is updated by Realtor Matthew Cole of RE/MAX Acclaimed Properties. He can be reached at 812-606-8558 or email@example.com.
Friday, April 3, 2009
How Many Homes in Monroe County Carry a Mortgage?
We all talk about home ownership and the need for a mortgage. Here is some information on mortgages/home ownership for Monroe County:
Housing units in Monroe County with a mortgage: 14,447
1,526 second mortgage,
1,627 home equity loan,
78 both second mortgage and home equity loan
Houses without a mortgage: 5,303
In Monroe County 73.1% of homes have a mortgage. State wide 70.9% of homes have a mortgage.