Quick WA State Real Estate Sales Notes

One of my chums was lamenting how difficult it is to buy homes right now if you’re a traditional buyer (read: borrowing money). I, being the nerd I am, popped into the NWMLS and whipped out the following stats. 

Out of a total of 14,181 sales so far in 2013:

  • 6,857 have been financed by conventional loans
  • 3,801 have been financed via cash
  • 2,448 via FHA insured loans
  • 1,504 via VA
  • 458 via USDA

And all the rest “other”. 

So, a quick snap-shot for you. Summary: a significant number of sales are going to cash buyers, but loans still predominate. 63% of properties in this region are going with some kind of financing. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s