Homebuyers made record down payments in 2024
“As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. But down payments are still high, hitting an annual record in 2024,” said Danielle Hale, chief economist at Realtor.com. “Today’s home sales are skewed toward higher-end homes, and this means larger down payments from more financially prepared, high-earning […]
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