SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Broken_Clock who wrote (20969)3/25/2005 9:14:31 PM
From: Carl Worth   of 78913
 
more interesting info from your article:

Eighty-three percent financed with a mortgage and made a median downpayment of 22 percent. Although 45 percent use savings for a downpayment, 29 percent used equity from a previous home.

Oops, 17% paid in full, but even the ones who financed had a LTV of 78% on average, and half of those made the down payment from their savings (which implies they have plenty of money to cover their expenses, so not much chance of default or financially induced sale of the property, huh?)

This is great info, thank you again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News