According to Redfin, the typical U.S. homebuyer’s down payment hit the highest level in over a decade, at 18.6 percent of the purchase price in June, up from 15 percent the previous year.
Source: Inman News
US homebuyer down payments reach new record, outpace prices
Published in down payment, down payment affordability, home buying, home prices, homebuyers, homebuying, homeowners, homeownership, Markets & Economy, News Brief, Redfin and Select
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