Trend of Housing Unit's Mortgage Status in Wayne 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: Wayne County under performed than Michigan by -12.1
• % Change Housing units with mortgage: Wayne County under performed than US by -20.0
• CAGR Housing units with mortgage: Wayne County under performed than state by -2.4
• CAGR Housing units with mortgage: Wayne County under performed than US by -3.9
• % Change Housing units without a mortgage: Wayne County out performed than Michigan by 2.1
• % Change Housing units without a mortgage: Wayne County out performed than US by 5.5
• CAGR Housing units without a mortgage: Wayne County out performed than state by 0.3
• CAGR Housing units without a mortgage: Wayne County out performed than US by 0.8

County	Wayne County
Housing units with mortgage 2015	241,376
Housing units with mortgage 2009	324,328
Housing units with mortgage % change	-25.6
Housing units with mortgage change rank compared to US	2,971
Housing units with mortgage change rank compared to Michigan	82
Housing units without a mortgage 2015	178,901
Housing units without a mortgage 2009	155,849
Housing units without a mortgage % change	14.8
Housing units without a mortgage change rank compared to US	693
Housing units without a mortgage change rank compared to Michigan	17