Our last update for June endorsements before August totals come out next week, we’re looking again at HECM Trends.
- Arizona leads the top 10 states with 32.2% loan growth from Jan-Jun 2013
- Phoenix doesn’t register among the top 10 cities, but Maricopa county (#2) has the highest growth rate in the top 10 at 46.8%
- Last but not least, zip code 85375 in Sun City and just outside Phoenix more than doubled volume to 42 loans – an average of 7 per month just in this one zip code!
- Tucson shares a little love by ranking #3 among cities for total maximum claim amount growth, but Phoenix still showed up its smaller neighbor with the #1 ranking
Check out trends in your state/county/city/zip in the full report below by clicking the image below.