Interesting Statistics

Here are some interesting statistics I found at realtor.org:

50% of people who went through foreclosure did NOT talk to their lender, and they did NOT know that they had options.

The 30 year fixed mortgage rate went from 4.5% in Nov 2010 to 5.15% in Feb 2011.

Lately, cash buyers have accounted for about 29% of transactions.

2004- 90% of home loans were conventional, while 7% were FHA.  2009- 52% of home loans were conventional, while 37% were FHA.

Lisa VanderLoo

Lisa VanderLoo

Sales Associate
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