Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-10. Value, 1-Unit Homeowner Mortgaged Properties
^Number of mortgaged properties in thousands.
For information on confidentiality protection, sampling error, non-sampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text^^

		Value
	Total	Less than $20,000	$20,000 to $39,999	$40,000 to $59,999	$60,000 to $79,999	$80,000 to $99,999	$100,000 to $124,999	$125,000 to $149,999	$150,000 to $174,999	$175,000 to $199,999	$200,000 to $249,999	$250,000 to $299,999	$300,000 to $499,999	$500,000 or more	Median (dollars)
1-housing-unit properties with a traditional first mortgage	36410	285	1051	2317	3569	4371	4223	4235	3482	2476	3117	2167	3487	1630	139102
PROPERTY CHARACTERISTICS Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	18579	147	439	999	1675	2100	2077	2262	1946	1339	1712	1111	1871	900	145472
Sale of previous home	5879	12	75	81	213	345	517	610	630	544	805	579	954	515	196000
Sale of other real property or other investments	908	0	7	29	44	76	41	86	72	80	73	128	171	102	213079
Savings	9636	70	220	499	900	1157	1075	1205	1022	659	891	577	916	445	143604
Borrowing from a retirement plan	810	4	0	34	72	110	112	84	88	82	53	58	79	36	147078
Borrowing using assets other than this property as collateral	423	0	16	48	64	54	43	32	38	20	9	23	47	30	117336
Proceeds from an insurance policy	120	3	0	0	12	27	20	19	6	7	8	9	3	4	120942
Payments in a lease-purchase agreement	143	0	42	16	16	17	6	23	12	4	7	0	0	0	76084
From a state or local government source	263	0	7	46	65	53	37	18	13	9	11	0	0	4	84815
From a non-profit organization	34	0	12	0	6	10	0	0	4	0	3	0	0	0	78266
From parents or relatives	1846	10	29	114	194	239	274	256	210	119	191	44	134	32	131067
Other	88	0	0	5	30	13	5	7	3	6	7	0	9	3	94720
No downpayment required	1354	38	59	168	227	244	156	197	82	47	72	30	24	10	95165
Not reported	392	15	5	27	23	46	50	70	29	16	23	9	63	16	135693
Other properties	17661	138	602	1313	1855	2254	2137	1951	1525	1134	1385	1040	1610	716	131804
Not reported	170	0	10	4	40	17	9	22	12	2	19	16	5	14	131383
Year Structure Built 1999 to March 2000	1911	4	56	62	103	111	198	253	213	141	167	184	273	147	169806
1997 and 1998	2157	5	50	69	116	135	218	296	274	178	252	175	237	152	167294
1995 and 1996	1880	5	23	58	68	162	194	256	228	189	228	116	253	100	169070
1990 to 1994	3660	26	43	114	190	342	414	447	430	342	432	328	382	172	164812
1980 to 1989	6407	26	114	300	457	830	774	796	634	499	630	389	714	244	147055
1970 to 1979	6076	38	155	332	634	866	867	753	643	355	454	306	466	207	129857
1960 to 1969	3788	51	51	280	466	532	453	444	311	215	287	197	356	147	128422
1950 to 1959	4389	35	149	347	630	579	499	465	366	256	280	229	399	154	122795
1940 to 1949	1965	31	134	171	299	272	227	155	146	101	128	98	146	57	108392
1939 or earlier	4176	66	277	583	607	543	377	370	236	200	259	146	261	252	100777
Purchase Price as Percent of Value@8 Acquired by purchase	35481	255	1009	2212	3442	4252	4132	4099	3400	2443	3068	2126	3446	1595	139863
Purchased 1997 to 2001 (part)	14477	119	337	813	1243	1635	1512	1783	1543	1038	1389	899	1464	702	147140
Less than 60 percent	1279	11	21	86	87	136	97	68	131	74	117	92	200	159	175958
60 to 69 percent	1130	9	32	64	89	93	63	106	109	69	134	84	179	99	175099
70 to 79 percent	1826	6	40	71	88	105	169	248	172	181	200	153	277	117	177119
80 to 99 percent	7380	15	88	317	571	933	873	1065	939	541	735	439	637	228	145961
100 percent or more	2841	77	152	276	393	369	310	297	191	172	203	131	171	99	112426
Median	88	2217	97	92	92	90	90	89	88	87	87	85	82	78	...
Purchased 1990 to 1996 (part)	11052	53	265	622	1149	1347	1424	1290	1107	801	906	661	948	479	137895
Less than 40 percent	676	6	7	43	69	64	62	50	49	49	60	50	79	88	169327
40 to 59 percent	1595	0	14	60	142	153	174	197	176	88	104	122	205	160	158262
60 to 79 percent	3991	8	52	161	368	428	497	497	379	371	406	300	381	144	149221
80 to 99 percent	3394	5	72	195	393	488	534	416	396	261	257	144	180	54	125595
100 percent or more	1374	31	120	164	177	205	156	130	107	31	74	45	103	31	98988
Median	76	2040	96	85	80	81	79	76	77	74	74	71	70	59	...
Purchased 1989 or earlier	9952	83	407	777	1050	1270	1196	1027	751	604	774	566	1034	413	129699
Less than 20 percent	1336	0	16	57	156	111	91	86	93	82	147	102	231	165	192951
20 to 39 percent	2312	0	35	118	227	262	304	263	181	164	208	134	312	103	144936
40 to 59 percent	2539	9	37	148	246	336	393	259	242	151	214	186	234	84	134778
60 to 79 percent	1883	13	62	162	223	313	205	264	131	138	96	75	168	32	120378
80 to 99 percent	814	11	47	112	104	143	108	73	59	43	43	31	30	13	98801
100 percent or more	1049	51	206	180	95	102	91	83	45	27	66	38	49	17	78545
Median	50	1181	235	68	52	56	50	53	48	47	43	45	38	28	...
Not acquired by purchase	929	30	41	104	127	119	91	136	82	33	48	41	41	36	111824
Age Restrictions Property located in subdivision restricted to people age 55 or older	1987	4	30	44	176	276	267	292	214	120	214	112	190	46	141777
Property located in subdivision not restricted to people age 55 or older	32987	259	936	2145	3229	3918	3784	3809	3163	2278	2794	2021	3121	1530	139587
Not reported	1436	23	85	127	164	177	172	134	105	77	109	34	176	54	120671
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older	2589	25	75	309	383	405	293	259	203	113	144	129	174	78	108362
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older	24263	182	672	1457	2304	2696	2806	2789	2410	1785	2123	1497	2374	1170	143063
Don't know or not reported	9558	79	304	550	883	1270	1124	1187	870	578	850	541	939	383	136975
OWNER CHARACTERISTICS Age of Owner Under 25	328	8	35	42	69	37	32	46	17	17	14	0	5	6	85223
25 to 34	5182	33	144	344	531	824	745	695	528	378	359	214	282	106	124028
35 to 44	10436	52	214	529	1067	1201	1198	1282	986	694	1036	643	1106	427	143668
45 to 54	10399	73	220	664	1006	1155	1161	1082	1065	782	926	673	1033	559	146267
55 to 64	5579	55	194	298	440	638	634	654	540	373	460	358	563	372	145278
65 to 74	2178	25	98	180	250	205	234	243	176	113	151	136	272	96	135072
75 and over	668	6	40	71	71	114	41	81	39	26	47	45	62	24	119294
Not reported	1640	34	106	189	136	196	178	154	132	91	124	97	163	41	122442
Median	46	49	49	47	45	45	45	45	46	46	46	48	48	50	...
Race of Owner White alone	31761	248	875	1809	3004	3841	3690	3760	3100	2211	2805	1943	3065	1411	141050
Black or African American alone	2840	37	172	433	461	428	345	279	243	132	113	50	108	37	94788
American Indian or Alaska Native alone	194	0	4	13	20	25	28	35	15	17	3	5	24	6	129375
Asian alone	1241	0	0	25	37	46	96	129	90	90	171	152	257	149	231776
Native Hawaiian or Other Pacific Islander alone	115	0	0	4	0	5	5	17	26	11	9	9	20	9	175512
Two or more races	260	0	0	33	47	27	59	15	9	15	16	7	14	19	110063
Sex of Owner Male/Male and female co-owners	30105	181	732	1646	2782	3369	3475	3599	2871	2175	2811	1926	3072	1469	144929
Female	6305	104	319	671	787	1003	748	637	611	301	306	241	415	162	108977
Hispanic/Latino Origin Hispanic/Latino owner(s) only	2927	16	132	210	316	364	303	360	304	188	323	146	194	71	133489
No Hispanic/Latino owner(s)	33483	269	919	2106	3253	4007	3920	3876	3178	2288	2793	2021	3293	1559	139623
Income Less than $5,000	3018	49	105	284	360	429	334	300	207	155	257	159	271	107	121130
$5,000 to $9,999	331	19	35	77	57	22	25	14	26	13	15	12	9	7	72079
$10,000 to $14,999	595	22	79	136	115	62	51	50	27	13	11	3	19	8	70563
$15,000 to $19,999	889	31	115	156	163	104	94	71	36	29	41	8	19	21	77384
$20,000 to $24,999	1244	27	137	182	225	196	161	114	60	39	32	45	24	4	85290
$25,000 to $29,999	1574	18	106	196	346	279	146	179	112	33	63	44	39	12	88664
$30,000 to $34,999	1738	15	101	234	289	319	235	160	152	83	75	28	37	11	94409
$35,000 to $39,999	1668	17	65	172	260	394	223	168	134	64	72	40	56	2	96216
$40,000 to $49,999	3858	36	113	293	645	645	593	507	297	238	175	122	154	41	108332
$50,000 to $59,999	3717	20	58	213	404	610	685	569	415	184	247	143	122	48	120219
$60,000 to $79,999	6352	14	74	235	443	739	928	997	813	610	624	380	388	106	143607
$80,000 to $99,999	4089	11	34	74	162	305	429	601	584	437	546	319	478	108	168299
$100,000 to $119,999	2629	7	7	23	48	130	177	285	309	268	426	304	482	164	207213
$120,000 or more	4709	0	22	41	53	136	141	221	312	310	534	557	1389	992	303831
Median	58852	24073	27580	32728	39407	45891	53644	59742	66803	72701	78348	86100	105275	1881618	...
Mean	72951	28998	33755	37390	40716	49118	54195	62079	69126	74912	86680	91856	122161	216302	219240
Owned Home Previously Previously owned home	20301	90	333	766	1295	1949	2110	2442	2109	1592	2168	1579	2581	1287	163811
Never owned home before	14820	164	630	1395	2136	2267	1960	1655	1277	838	861	537	778	322	110435
Not reported	1290	31	88	156	138	155	153	138	96	46	88	51	128	22	112495
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	27072	221	911	1963	2801	3391	3193	3105	2496	1812	2181	1520	2305	1172	133492
2 mortgages	8311	61	126	324	712	835	920	995	868	583	855	580	1056	396	155255
3 or more mortgages	1027	3	13	30	56	145	110	135	118	81	81	68	126	62	154558
Form of Debt of First Mortgage Mortgage or deed of trust	36410	285	1051	2317	3569	4371	4223	4235	3482	2476	3117	2167	3487	1630	139102
Contract to purchase	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Some other loan secured by this property	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Holder's Acquisition of First Mortgage Originated directly from borrower	15811	175	600	1129	1520	1859	1776	1779	1551	987	1170	895	1617	754	136904
Purchased from present servicer	10167	34	252	669	1033	1216	1244	1274	942	710	946	640	853	354	137467
Purchased from someone else	10432	77	198	519	1017	1296	1203	1182	989	778	1001	632	1017	522	144173
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	2684	11	34	157	200	249	273	198	208	205	217	221	440	271	176455
20 to 29 percent	2170	0	23	86	154	177	239	215	170	179	213	182	279	254	178020
30 to 39 percent	2808	5	45	126	179	245	266	259	271	197	270	260	430	252	175823
40 to 49 percent	3568	5	114	156	304	443	331	406	264	263	313	210	520	239	152324
50 to 59 percent	4916	24	118	258	441	491	483	520	525	387	532	308	589	241	155898
60 to 69 percent	5204	18	170	337	495	528	621	569	523	317	558	461	470	136	144000
70 to 79 percent	5549	13	124	349	503	725	687	801	585	455	527	235	391	155	136662
80 to 89 percent	4023	15	109	224	502	544	568	632	496	248	278	176	192	39	126952
90 to 99 percent	3188	19	128	270	484	645	498	425	283	149	145	52	74	15	102384
100 percent or more	1764	147	127	300	259	257	201	166	122	53	46	24	51	10	83775
Not reported or not computed	537	27	60	53	48	66	56	44	34	23	18	37	52	19	106472
Median	63	12094	70	70	70	70	68	69	65	60	60	56	51	41	...
MORTGAGE PAYMENTS AND OTHER EXPENSES Monthly Interest and Principal Payments on Total Mortgages Regular monthly payments of interest and/or principal	35438	263	959	2232	3472	4252	4135	4163	3415	2405	3084	2100	3392	1568	139452
Less than $100	184	32	14	22	21	13	21	20	0	7	16	14	3	0	84858
$100 to $199	738	67	156	123	107	72	71	42	32	9	27	11	15	5	64290
$200 to $299	1906	28	336	481	369	280	147	94	31	34	34	25	47	0	65835
$300 to $399	2838	29	275	683	691	435	273	155	94	63	51	49	33	9	72520
$400 to $499	3179	36	86	457	873	711	372	221	141	77	76	42	61	26	83867
$500 to $599	3616	9	20	220	647	934	694	374	242	138	164	82	71	20	99524
$600 to $699	3501	15	28	117	390	753	758	507	370	172	184	85	110	12	114754
$700 to $799	3046	18	3	33	155	484	655	598	371	191	217	145	157	19	132324
$800 to $899	2699	4	12	22	77	267	450	634	487	318	260	63	81	25	145411
$900 to $999	2389	4	4	15	35	108	253	515	509	354	302	150	124	17	162847
$1,000 to $1,249	4324	11	12	42	59	151	347	654	662	565	800	469	460	91	184899
$1,250 to $1,499	2383	11	4	5	21	20	47	200	262	290	479	351	534	160	234757
$1,500 or more	4638	0	10	15	25	23	48	147	214	189	474	611	1697	1185	366402
Median	758	314	292	372	463	566	665	811	887	955	1066	1204	7856	3386412	...
Mean	955	397	332	409	507	634	702	851	930	983	1088	1360	1637	2742	224875
No regular monthly payments required	972	23	92	84	98	119	88	72	68	71	33	67	95	63	119994
Real Estate Tax Acquired before 2000	31331	252	962	1976	3117	3736	3733	3570	2977	2070	2636	1876	3025	1400	138230
Less than $100	5558	119	342	630	742	815	609	630	381	255	313	240	376	106	105410
$100 to $199	329	38	61	87	49	33	16	25	0	0	4	11	0	5	54919
$200 to $299	455	38	52	142	117	50	28	7	10	0	7	5	0	0	59375
$300 to $399	786	34	106	195	173	108	80	32	15	13	12	9	9	0	66756
$400 to $499	793	11	100	101	207	159	82	53	49	8	6	4	14	0	77837
$500 to $599	826	11	17	142	185	225	111	61	37	18	13	0	5	0	85085
$600 to $699	995	0	69	131	194	203	156	88	70	17	41	14	10	0	90157
$700 to $799	1008	0	51	89	166	202	181	127	44	29	63	31	25	0	99636
$800 to $899	998	0	24	88	179	214	213	107	78	26	19	19	12	19	99435
$900 to $999	949	0	40	43	139	181	237	114	72	33	41	11	38	0	107486
$1,000 to $1,249	2862	0	82	120	299	413	510	526	299	179	184	104	105	40	125316
$1,250 to $1,499	1701	0	4	94	179	227	287	243	256	129	140	62	72	7	131062
$1,500 to $1,999	3423	0	0	95	264	387	486	514	566	342	376	166	178	48	148307
$2,000 to $2,499	2775	0	0	0	206	272	273	369	357	328	382	268	239	80	168653
$2,500 or more	7634	0	0	0	0	212	423	659	734	679	1026	898	1918	1086	254737
Not reported	239	0	14	19	18	35	39	17	9	13	8	32	24	11	121492
Median	1249	118	318	361	640	826	1065	1258	1653	1968	2123	2456	21735565	36059074	...
Mean	1817	164	370	466	739	940	1202	1442	1773	2105	2332	2656	3440	6418	259223
Acquired 2000 and 2001 (part)	5079	33	89	341	452	635	490	665	505	406	481	291	462	230	143782
Real Estate Tax Per $1,000 Value Acquired before 2000	31331	252	962	1976	3117	3736	3733	3570	2977	2070	2636	1876	3025	1400	138230
Less than $5	7627	95	360	758	930	1017	797	829	557	353	505	388	696	342	120509
$5 to $9	8326	17	90	359	658	934	978	903	852	570	798	582	990	596	156586
$10 to $14	6816	19	174	339	579	691	902	805	727	531	628	424	716	281	146856
$15 to $19	3618	30	76	165	374	438	433	471	431	277	300	207	307	109	140519
$20 to $24	2098	14	45	113	191	237	212	309	150	183	237	184	196	27	144123
$25 to $29	990	0	17	76	134	144	165	119	132	59	80	19	35	9	118714
$30 to $39	1605	74	178	146	233	240	206	117	119	84	80	40	61	25	94278
$40 to $49	7	0	7	0	0	0	0	0	0	0	0	0	0	0	30000
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Not reported or not computed	243	4	14	19	18	35	39	17	9	13	8	32	24	11	120364
Median	10	13	11	8	10	9	10	10	11	11	10	10	9	8	...
Acquired 2000 and 2001 (part)	5079	33	89	341	452	635	490	665	505	406	481	291	462	230	143782