In a recent report produced by GoSwap.org, nearly 20 percent of all sellers listed in the database will consider a permanent exchange for another property located in any state.

St Augustine, FL (REOWN.com) October 16, 2008 -- As the housing slump continues fueled by the credit crunch, home sellers are becoming even more creative in finding ways to find buyers. According to the most recent report, 79 percent of sellers have indicated specific location in the swap criteria for the property they listed for trade, while 21 percent are willing to consider a swap for a property in any state or location.

Owner financing is in the front lines again and gaining tremendous momentum after the latest bust in the real estate market and a complete meltdown in mortgage lending. The concept of seller providing financing has been around for years, but was pushed to the back burner in the 90's due to declining mortgage interest rates and relaxing mortgage lending standards, until now. New online services are allowing sellers offering financing to connect with buyers.

Owner financing is gaining popularity again these days for several reasons. For sellers, offering financing attracts more potential buyers and helps them sell even in lagging markets across the country. With the recent unfavorable changes in the mortgage industry, sellers are able to, once again, offer competitive rates and loan terms when offering seller financing.