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I just completed my "Summer" analysis of home prices and loans as reported through out regional MLS. I was eager to see the cash market versus the conventional. We had been "Cash" to as high as 1 in 3 at one time during the REO heyday but now we've fallen to about 22% CASH vs. loans. Conventional is by far and away the most dominant (57 to 64% of all loans made) but I was surprised at the big ramp up of FHA loans this year over last year and this with a bump in the median home price of some 15%! FHA doubled over last August's numbers. However, VA was neglegible and DOWN over last year with only 3% of all loans as reported in our MLS. I don't know if these numbers translate into actual loans being made outside of our MLS but it is usually a pretty good indicator.
Santa Rosa, CA
It seems like about half, I prefer not to accept many of these though.
I have not had a VA client in a long time.
We have a lot of cash buyers but when financed about 75% conventional and the rest evenly split between FHA and VA. Lots of military in our state.
less than a combined 5% in my business. Just a few a year of each.
Industry locally it is 85 conventional, 15% FHA on low end.
VA I had one in 10 years. Sellers only look at high down or conventional in my area. 30% of mine is cash last few years.
About 60% of my business is VA/FHA. We don't do much cash here and conventional is about 30%.
Jacqueline - Personally, most of my buyers are using conventional financing.