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

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.

Technorati Tags: , , ,

(Visited 1 times, 1 visits today)

1 Comment

  1. Martine April 6, 2008 at 19:45

    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.

    Reply

Leave A Comment

Your email address will not be published. Required fields are marked *