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Subprime percentage by county

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HangInThere

Sophomore Member
Joined
Nov 11, 2004
Professional Status
Certified Residential Appraiser
State
Wisconsin
Milwukee, WI is not far behind at 39%
 

Dee Dee

Elite Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
I don't know about the rest of you, but I find those numbers to be staggering...at least compared to what the media and some of the "experts" on this forum have been saying. What was all that talk about just a "small percentage" of borrowers being into subprime loans?
 

frozone

Sophomore Member
Joined
Jul 20, 2006
Professional Status
Certified Residential Appraiser
State
New York
Interesting link...some of these countiesshow 50+% subprime loans, A few even in the 70's that I saw ....WOW:Eyecrazy:
 

Mike Kennedy

Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
33% & 26% (two adjacent county market)
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
Interesting and scary. I wonder what parameters for subprime were used?
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
what parameters for subprime were used?
I wondered myself. Seems high at 22%...I figured no more than 10%. Many banks don't even offer subprime. perhaps that is the percentage of secondary market loans only.
 
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