BAP Blog Pekin Realtor Speaks About Financing A Home in the Pekin Real Estate Market
Pekin Realtor Speaks About Financing A Home in the Pekin Real Estate Market
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January 14, 2011, by Brad Barnard

Pekin Realtor® Speaks on How Buyers Financed Their Home Purchase in the Pekin Real Estate Market for 2010.

 

Ninety-five percent of home buyers financed their recent home purchase. This is slightly higher than all buyers nationwide—91 percent financed their recent home purchase.

The typical buyer financed 88 percent of their home purchase.

Forty-eight percent of home buyers reported they have made some sacrifices such as reducing spending on luxury items, entertainment or clothing.

Twenty-one percent of buyers reported their mortgage application and approval process was somewhat more difficult than they expected, and 17 percent reported it was much more difficult than expected.

 For a FREE List of homes in the Pekin Real Estate market with 3-4 bedrooms for $120K or less, contact Pekin Realtor®, Brad Barnard at 309-241-0313. You may also sign up for the FREE LIST at www.livinginpekin.com or complete the from below.

 

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