Tag Archives: Down Payments

While rent prices remain historically high despite a slight increase in year-over-year price growth, Single-Family Rental inventory surged in Q3 compared to the previous year, according to a new study from HouseCanary. Here are the details.

A new RentCafe report unveiled the affordability challenges of buying a home for younger generations. Just how many millennials and Gen Zers don't plan to move out anytime soon? Click through to find out.

The standard down payment of 20% has done nothing but rise as this number is tied to home prices, which are also rising. Click through to find out where the cheapest down payments are...and the most expensive.

With the ever-rising cost of homeownership, down payments requirements have also grown in step. Click through to find out where the next generation of buyers are finding the funds to secure a home.

Nearly one in six prospective homebuyers across different races and ethnicities reported facing some form of discrimination during the homebuying process, according to the National Association of Realtors. Others cited their primary reasons for stalling their home purchase as waiting for mortgage rates and home prices to decline, alongside a lack of available homes within their budget.

Metros where large shares of homeowners have recently moved are more likely to experience significantly higher home price appreciation, according to a new study from LendingTree, while renters are three times more likely to relocate than those who own their homes.

While homebuyers nationwide continue to struggle with the inflated cost of living and high home prices, a new survey from Arrived revealed an estimated 87.2% of Gen Zers said homeownership is important when building wealth. About 65% cite financial security and stability as the top two reasons why they want to own a home.

In April, all-cash home purchases reached their highest level in nearly a decade. A new report from Redfin reveals elevated mortgage rates driving down overall home sales more than all-cash sales.

More than 40% of those who have never owned a home, primarily renters, still believe that a 20% down payment is required to own a home.

As prices continue to escalate, home-seeking millennials are putting down nearly $54,000 to buy in the Denver metro market.