Trend of Housing Unit's Mortgage Status in Kent County, Michigan

vHomeInsurance.com is a home insurance, housing & real estate data analysis service that analyzed Mortgage Status trends from 2009 & 2015 across all geographic units in the US. Mortgage Status is impacted due to factors such as Home location, Credit worth of house, second mortgage, the financial history of owner and taxes.

The key elements in the research are

1. Housing units with mortgage
2. Housing units without a mortgage

Our key findings

• % Change Housing units with mortgage: Kent County out performed than Michigan by 4.5
• % Change Housing units with mortgage: Kent County under performed than US by -3.4
• CAGR Housing units with mortgage: Kent County out performed than state by 0.8
• CAGR Housing units with mortgage: Kent County under performed than US by -0.7
• % Change Housing units without a mortgage: Kent County out performed than Michigan by 5.6
• % Change Housing units without a mortgage: Kent County out performed than US by 8.9
• CAGR Housing units without a mortgage: Kent County out performed than state by 0.8
• CAGR Housing units without a mortgage: Kent County out performed than US by 1.3

County	Kent County
Housing units with mortgage 2015	107,037
Housing units with mortgage 2009	117,592
Housing units with mortgage % change	-9.0
Housing units with mortgage change rank compared to US	1,951
Housing units with mortgage change rank compared to Michigan	28
Housing units without a mortgage 2015	53,003
Housing units without a mortgage 2009	44,829
Housing units without a mortgage % change	18.2
Housing units without a mortgage change rank compared to US	492
Housing units without a mortgage change rank compared to Michigan	5