Trend of Housing Unit's Mortgage Status in Salem city, Virginia

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: Salem city under performed than Virginia by -10.3
• % Change Housing units with mortgage: Salem city under performed than US by -8.1
• CAGR Housing units with mortgage: Salem city under performed than state by -1.8
• CAGR Housing units with mortgage: Salem city under performed than US by -1.5
• % Change Housing units without a mortgage: Salem city out performed than Virginia by 10.8
• % Change Housing units without a mortgage: Salem city out performed than US by 9.6
• CAGR Housing units without a mortgage: Salem city out performed than state by 1.6
• CAGR Housing units without a mortgage: Salem city out performed than US by 1.4

County	Salem city
Housing units with mortgage 2015	3,909
Housing units with mortgage 2009	4,527
Housing units with mortgage % change	-13.7
Housing units with mortgage change rank compared to US	2,454
Housing units with mortgage change rank compared to Virginia	111
Housing units without a mortgage 2015	2,742
Housing units without a mortgage 2009	2,305
Housing units without a mortgage % change	19.0
Housing units without a mortgage change rank compared to US	455
Housing units without a mortgage change rank compared to Virginia	23