Take a look at the leading counties for FHA dollar volume year-to-date through July 2008. Maricopa county is showing tremendous growth this year. The chart below shows their month by month growth in originations.
Click on the image below for a larger view.
What lender has the largest market share in this growing market? Countrwide is #1 through July 2008, take a look at their growth in market share in the chart below.
We see in the data that Government Insured FHA combined with VA mortgages are out pacing conventional mortgages for home purchases in Maricopa County, Arizona!
More about Government FHA and VA mortgages in Arizona! FHA/VA appear to be used more than conventional mortgages for home purchases in Pima, Pinal, and Yuma counties.
Are there anything but Government mortgages these days?
The phenomena of FHA/VA exceeding conventional mortgages (mostly FHA) is showing up in many counties accross the country. I looked at the data in AL,AZ, CA, CO, CT, FL, etc. Looks like a new analysis report to showing Conventional , FHA, VA by county. Use to always be that FHA & VA had less than 5% market share. No more!
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We see in the data that Government Insured FHA combined with VA mortgages are out pacing conventional mortgages for home purchases in Maricopa County, Arizona!
More about Government FHA and VA mortgages in Arizona! FHA/VA appear to be used more than conventional mortgages for home purchases in Pima, Pinal, and Yuma counties.
Are there anything but Government mortgages these days?
The phenomena of FHA/VA exceeding conventional mortgages (mostly FHA) is showing up in many counties accross the country. I looked at the data in AL,AZ, CA, CO, CT, FL, etc. Looks like a new analysis report to showing Conventional , FHA, VA by county. Use to always be that FHA & VA had less than 5% market share. No more!
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