Yes, some people actually own thier homes outright. About 1/3 of the people do not have a mortgage to worry about - good for them.
Cities with the highest percentage of owner-occupied properties that are mortgage free:
- Bluefield, W. Va.: 57 percent
- Sebring, Fla.: 56 percent
- Odessa, Texas: 54 percent
- McAllen-Edinburg-Mission, Texas: 54 percent
- Weirton, W.Va.-Steubenville, Ohio: 53 percent
Source: USA Today, Haya El Nasser and Paul Overberg (11/21/2008)
 {u=location.href;t=document.title;window.open('http://www.facebook.com/sharer.php?u='+encodeURIComponent(u)+'&t='+encodeURIComponent(t),'sharer','toolbar=0,status=0,width=626,height=436');return false;}</script><style> html .fb_share_link { padding:2px 0 0 20px; height:16px; background:url(http://b.static.ak.fbcdn.net/images/share/facebook_share_icon.gif?8:26981) no-repeat top left; }</style><a href="http://www.facebook.com/share.php?u=<url>" onclick="return fbs_click()" target="_blank" class="fb_share_link">Share on Facebook</a>){kind=link}
![](<embed src="http://static.ning.com/REOPRO/widgets/index/swf/badge.swf?v=3.14.3%3A17089" quality="high" scale="noscale" salign="lt" wmode="opaque" bgcolor="#ffffff" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer" width="206" height="64" allowScriptAccess="always" flashvars="networkUrl=http%3A%2F%2Freopro.ning.com%2F&panel=user&username=2hv5zcj86h50b&avatarUrl=http%3A%2F%2Fapi.ning.com%2Ffiles%2F6nuJiqi7BU4X%2AxtVVifjTnmcKvqJbiuWt4CqWnhWcUGK6ahEx80CxpIN1cXVn8kBlPPIvrCHia9r5riVJ5SAkYYmao6j4ZJW%2FPaulGornall.jpg%3Fwidth%3D48%26height%3D48%26crop%3D1%253A1&configXmlUrl=http%3A%2F%2Fstatic.ning.com%2FREOPRO%2Finstances%2Fmain%2Fembeddable%2Fbadge-config.xml%3Ft%3D1236293452" /> <br /><small><a href="http://reopro.ning.com/xn/detail/u_2hv5zcj86h50b">View my page on <em>REOPRO</em></a></small><br />){kind=link}