Trend of Housing Unit's Mortgage Status in Norfolk 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: Norfolk city under performed than Virginia by -2.3
• % Change Housing units with mortgage: Norfolk city under performed than US by -0.1
• CAGR Housing units with mortgage: Norfolk city under performed than state by -0.4
• CAGR Housing units with mortgage: Norfolk city under performed than US by -0.1
• % Change Housing units without a mortgage: Norfolk city under performed than Virginia by -11.6
• % Change Housing units without a mortgage: Norfolk city under performed than US by -12.7
• CAGR Housing units without a mortgage: Norfolk city under performed than state by -1.9
• CAGR Housing units without a mortgage: Norfolk city under performed than US by -2.1

County	Norfolk city
Housing units with mortgage 2015	27,943
Housing units with mortgage 2009	29,619
Housing units with mortgage % change	-5.7
Housing units with mortgage change rank compared to US	1,480
Housing units with mortgage change rank compared to Virginia	79
Housing units without a mortgage 2015	9,910
Housing units without a mortgage 2009	10,260
Housing units without a mortgage % change	-3.4
Housing units without a mortgage change rank compared to US	2,574
Housing units without a mortgage change rank compared to Virginia	91