DATELINE…December 2008…Across the U.S.A.
FLASH–November-December 2008: JP Morgan Chase did a study of approximately 76 million homes owned in the U.S. 20% of these were free and clear of debt. Of the remaining 50+ million, 97% were current with their payments. Of the 3% in arrears or in foreclosure, 40% were non-owner occupied, investors or speculators.
Housing affordability increased 7 months in a row–up 17%
Economically, Chester County is the #1 County is Pennsylvania.