Using data recently released by the United States Census Bureau,Lawnstarter compiled a list of the 14 metro areas with the highest shares of homes with mortgages. Staffer John Egan found that the number- one mortgaged metro is Washington D.C. with 79.1% of the homes in the area having a mortgage in 2015:

“DC is not a large market for retirees or down-sizers who may be more likely to own their homes outright,” Centrella says. “And while there are lifetime Washingtonians, of course, a large percentage of the home-buying population has moved here from somewhere else for job and educational opportunities. Many of these residents will not live in DC forever and will purchase a home without the intention of owning it for 30 or more years.”

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