Are the govies carrying the market?
Here’s how detached-home buyers have financed their purchase over the last 30 days:
|Fin. Type||SD County||Percent||NSDCC||Percent|
San Diego County overall is fairly reliant on the govies, with 36% of all houses purchased over the last month being bought with FHA or VA financing. North SD County Coastal not so much – which means that if there are more govie defaults ahead, hopefully the coastal area will be less impacted.
How about those cash buyers!