11/23/2024
‼️What’s the average down payment in the U.S.?
60% of buyers are putting down more than 10% of the purchase price.
But it’s important to know that this is the average down payment for ALL buyers across the U.S.
❣️First time homebuyer down payments average between 5-8%
❣️Repeat buyers put down 19-20% on average because they usually have existing equity to put towards their next purchase.
Do these numbers surprise you?
Ivana Saenz Valiente
License # 01915813
DreamHome