Financing
Types used in Home Purchases in Lone Tree CO 2009
Conventional loans
have been the dominating financing type in Lone Tree home purchases
this year. 72.8% of home buyers used conventional loans in buying the
new homes. FHA loans came in the distant second at 12.3% and Cash was
use 11.1% of the time. Only three VA loans and one lease purchase came
into the mix.
The average home
prices are around $500,000 in Lone Tree which is one of the reasons for
mostly conventional loans. In other areas around Denver and in lower
price points many more FHA loans are utilized.
View the most recent Lone Tree Market Report Here with
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This Lone Tree Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of
it may not be used without permission from Rita
Burke.
*Disclaimer:
Data based on information from Metrolist, Inc. from 1/1/2006
to 10/11/2009. Metrolist Inc. does not guarantee nor is any way
responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect
all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.
Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible
for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Lone Tree Real Estate. Oct 11th 2009. "Financing types used in home purchases in Lone Tree CO 2009"
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