In recent industry news, it has been reported that the typical homebuyer’s down payment has reached a record high, with an average of 18.6% of the purchase price being put down in the month of June. This marks a significant increase in the amount of cash that homebuyers are investing upfront to secure their dream homes.
Key points:
– Average homebuyer’s down payment hits record high at 18.6% of purchase price
– Represents a significant increase in upfront investment by homebuyers
– Data from the month of June highlights this trend in the real estate market
– More cash being put down by buyers to secure properties
For more detailed information on this topic, you can visit “Typical Homebuyer’s Down Payment Hits Record High” at Weekly Real Estate News.
You can read this full article at: https://wrenews.com/typical-homebuyers-down-payment-hits-record-high/
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