Image Credit: Redfin
The typical U.S. homebuyer put down $64,000 in March, 1.5% less than a year earlier. In percent terms, the typical homebuyer puts down 15% of a home’s purchase price, down from 16.1% a year earlier.
Originally from Redfin
Typical Homebuyer’s Down Payment Falls to $64,000 As Americans Hold Onto Cash