Want to know how many subprime and Alt-A mortgages there are in Charlottesville?

Posted on April 1, 2008 by Jim Duncan

If I read the numbers right, 65% of the mortgages in the 22901 Zip Code (the major Charlottesville Zip) are ARMs. Is this opportunity getting ready to knock (for those real estate investors out there) or a major, major issue we need to get a handle on?

Subprime-Mortgages-In-Charlottesville
Alt-A-Mortgages-In-Charlottesville

Thanks to the Calculated Risk and the Federal Reserve.

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About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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  • Martine

    Interesting stats, Jim–which I just found by clicking on your sideblog.

    Do you have any update on this? Insight?

    Quite a thing to put off on the side!

    Looking forward to your 1Q info on Monday.