The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (25547)	12/1/2004 7:44:18 PM
From: Tradelite	Read Replies (1) of 306849

<<If my math and logic are correct then the other 60% is up to their eyeballs in debt carrying a huge mortgage with an average loan to value over 90% to arrive at a 55% nationwide average LTV I see constantly given.>> How in the world did you come to that conclusion? If 40 percent (roughly) own their homes outright, and another stat being bandied around the airwaves these days says that only about 11 percent of mortgages are being written for investor-types, how do you account for the other Americans who owe far less and have far more equity in their holdings?

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