mortgage-free homes

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Almost 40% of homes in the U.S. are mortgage-free

Jul 24, 2019By

The percentage of homes in the U.S. that are not financed by a mortgage is increasing, according to recent data from Zillow, which reveals that 37% of homes in 2017 were “free and clear.” Zillow Economist Jeff Tucker said while changes in homeowner demographics are the driving factor behind this trend, it may not last long.

3d rendering of a row of luxury townhouses along a street

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