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News & Press: Industry News

Most Mortgaged Metros in the U.S. - Three in California

Tuesday, October 18, 2016  
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LawnStarter, a lawn care provider, put together data from the U.S. Census Bureau to show the 14 metros with the highest percentage of homes with a mortgage. LawnStarter used Census Bureau data from the largest 100 metro areas in 2015 and compared the number of owner-occupied homes to owner-occupied homes with a mortgage in each metro. Only three California metro areas were in the top 14 areas with the highest percentage of homes with a mortgage.

Oxnard-Thousand Oaks-Ventura ranked 4th with 74.8% of the owner occupied homes having a mortgage. San Francisco came in 11th with 72.6% and Sacramento ranked 13th with 72.4% of owner occupied homes having a mortgage. Number one was the District of Columbia with 79.1% of owner occupied homes having a mortgage.


California Land Title Association


1215 K Street #1816 Sacramento, CA 95814-3905
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