Ready for November home sales?
We'll find out how many people bought homes in November -- and for how much -- later this morning. In the meantime, chew on these figures from October:
--35 percent of the homes sold in the Baltimore metro area were financed with FHA-insured loans
--32 percent were financed with conventional loans
--21 percent were bought with cash, though real estate investors tell me that category includes the deals they struck with money loaned to them by other local investors
--7 percent were financed with VA-insured loans
--3 percent were assumptions, where the buyer took on the seller's loan
--The rest were financed in other ways, including just over half a dozen in which the buyer's "lender" was the seller
The numbers come from the stats arm of Metropolitan Regional Information Systems, which runs the area's multiple-listing service.






