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January 12th, 2012 7:25 AM

 

The graphs and data show how a home was sold (type of finance) in 2011 by Ada & Canyon County.

The CASH segments dominated Canyon County, especially the distress sales. 1 out 3 (33%) homes in Canyon County sold for CASH in 2011, compared to 23% in Ada County. This segment typically is around 7% in past years.

In Ada County, FHA and CASH were equal at 23%, which is very uncommon. This is clearly due to the high distress sale rate.

 

 

Distress

Typical

Grand Total

Ada

3,505

3,563

7,068

Conventional

1,214

1,687

2,901

FHA

928

741

1,669

Cash

944

709

1,653

VA

191

265

456

Idaho Housing Association

88

72

160

Other

96

27

123

Rural Development

36

32

68

Owner Finance

1

19

20

Private

7

5

12

Contract For Deed

4

4

Lease Purchase

2

2

Canyon

2,473

886

3,359

Cash

881

230

1,111

FHA

670

230

900

Conventional

650

234

884

VA

94

67

161

Idaho Housing Association

77

42

119

Other

79

17

96

Owner Finance

1

49

50

Rural Development

15

9

24

Private

5

4

9

Lease Purchase

3

3

Contract For Deed

1

1

2

Grand Total

5,978

4,449

10,427


Ada

Canyon

Grand Total

Conventional

41.04%

26.32%

36.30%

Cash

23.39%

33.08%

26.51%

FHA

23.61%

26.79%

24.64%

VA

6.45%

4.79%

5.92%

Idaho Housing Association

2.26%

3.54%

2.68%

Other

1.74%

2.86%

2.10%

Rural Development

0.96%

0.71%

0.88%

Owner Finance

0.28%

1.49%

0.67%

Private

0.17%

0.27%

0.20%

Contract For Deed

0.06%

0.06%

0.06%

Lease Purchase

0.03%

0.09%

0.05%

Grand Total

100.00%

100.00%

100.00%


Posted by John Hennessey on January 12th, 2012 7:25 AMPost a Comment (0)

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