Nationwide variations in new-home financing

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October 22, 2014

The NAHB analyzes the 2013 Census Bureau Survey of Construction data, and finds that non-conventional financing methods for new housing varies widely in the nation.
 
Conventional loans play a bigger role in the East North Central and Middle Atlantic divisions, but are less common in the West South Central and Mountain divisions. Similarly, the share of conventional loans is below the national average in the Pacific and South Atlantic divisions.
 
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