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Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

I just completed my "Summer" analysis of home prices and loans as reported through out regional MLS. I was eager to see the cash market versus the conventional. We had been "Cash" to as high as 1 in 3 at one time during the REO heyday but now we've fallen to about 22% CASH vs. loans. Conventional is by far and away the most dominant (57 to 64% of all loans made) but I was surprised at the big ramp up of FHA loans this year over last year and this with a bump in the median home price of some 15%! FHA doubled over last August's numbers. However, VA was neglegible and DOWN over last year with only 3% of all loans as reported in our MLS. I don't know if these numbers translate into actual loans being made outside of our MLS but it is usually a pretty good indicator.

Oct 01, 2015 08:56 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It seems like about half, I prefer not to accept many of these though.

Oct 01, 2018 09:32 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not had a VA client in a long time.

Oct 01, 2015 10:02 PM
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We have a lot of cash buyers but when financed about 75% conventional and the rest evenly split between FHA and VA. Lots of military in our state.

Oct 01, 2015 12:53 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

less than a combined 5% in my business.  Just a few a year of each.

Oct 01, 2015 12:16 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Industry locally it is 85 conventional, 15% FHA on low end.

VA I had one in 10 years.  Sellers only look at high down or conventional in my area.  30% of mine is cash last few years. 

Oct 01, 2015 12:11 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

About 60% of my business is VA/FHA. We don't do much cash here and conventional is about 30%.

Oct 01, 2015 10:45 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Jacqueline - Personally, most of my buyers are using conventional financing.

Oct 01, 2015 09:26 AM