Bluefield is # 1

By
Services for Real Estate Pros with The Law Office of Adam Wolfe

Good news on the real estate front today.  The USA today came out with a study of the last US census in regards to homeowners who own their homes mortgage free.  There are over 120 areas in the country where more than 40 percent of homeowners own their home free and clear.  What does this mean for those specific markets.  These are markets that have not seen a "boom" in real estate, or an exaggerated inflation, which causes many markets to see a gravity like effect or a correction in the market. 

Two cities in West Virginia are listed as being in the top 5 for being mortgage-free.  West Virginia's 12th largest city, Bluefield, WV comes out on top with 57% of people owning their homes with no mortgage.  Bluefield, the air-conditioned city, also at one time had the distinction of being the highest elevation above sea level of any incorporated town east of Denver, Colorado, which I think has been taken over by a couple ski resort towns.

Don't forget to leave your comments and subscribe!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
West Virginia Mercer County Bluefield
Groups:
West Virginia Real Estate
Tags:
bluefield
wv mortgage
homeowners

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cloud to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Anonymous
Anonymous
npxvjzydj
REb7BZ gsaxfxjldudn
Nov 14, 2011 04:46 AM #1
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the robot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
8,602

Adam Wolfe

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: