COTTONWOOD HOUSES, First Time Buyers Set New Record 2009, COTTONWOOD CA HOMES FOR SALE
The percentage of 1st Time Homes Buyers measured in the overall home buying market for 2009 grew to 47 percent according to National Association of REALTORS Profile of Home Buyers and Sellers. This breaks the previous record of 44% set in 1991. In 1991 1st Time Home Buyers market participation triggered the start of the economic turnaround for the period. Cottonwood Houses
- Typical home purchase price - $156,000
- Median Income - $61,600
- Loan Type
- 55% FHA
- 8% - VA
- 96% - Fixed Rate
- Down payment Source:
- 61% - Saving
- 22% Gift - Friends/family/parent
- 6% - Loan – Friend/family
SEARCH COTTONWOOD REAL ESTATE SEARCH COTTONWOOD INFORMATION
- Did you know there are still 100 percent home loans available in certain areas?
INFORMATION PHONE: 530-370-1818 email: steve@chainrealestate.net
This information is provided by your Realtor, and is not a substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Cottonwood Houses
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