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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1207)	1/18/2013 12:21:28 PM
From: tejek	Read Replies (1) \| Respond to of 2722

Demographics, home prices and geographical location all seem to play into "free-and-clear" home ownership, according to Zillow's survey. Out of the nation's top 30 housing markets, Pittsburgh, Tampa, New York, Cleveland and Miami had the highest percentage of free-and-clear homeowners. A high number of all-cash, foreign buyers probably plays into New York and Miami. The other cities have relatively low home values, compared to the rest of the nation, making it easier for homeowners to either buy their homes outright or pay off their mortgages more quickly. RW is one of them. It looks like FL is made up of a lot of free and clear owners; the west coast........not so much.