Trend of Housing Unit's Mortgage Status in Somerset County, New Jersey

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: Somerset County under performed than New Jersey by -2.5
• % Change Housing units with mortgage: Somerset County under performed than US by -2.8
• CAGR Housing units with mortgage: Somerset County under performed than state by -0.4
• CAGR Housing units with mortgage: Somerset County under performed than US by -0.5
• % Change Housing units without a mortgage: Somerset County out performed than New Jersey by 11.7
• % Change Housing units without a mortgage: Somerset County out performed than US by 6.8
• CAGR Housing units without a mortgage: Somerset County out performed than state by 1.8
• CAGR Housing units without a mortgage: Somerset County out performed than US by 1.0

County	Somerset County
Housing units with mortgage 2015	62,527
Housing units with mortgage 2009	68,201
Housing units with mortgage % change	-8.3
Housing units with mortgage change rank compared to US	1,867
Housing units with mortgage change rank compared to New Jersey	17
Housing units without a mortgage 2015	25,750
Housing units without a mortgage 2009	22,175
Housing units without a mortgage % change	16.1
Housing units without a mortgage change rank compared to US	612
Housing units without a mortgage change rank compared to New Jersey	2