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Bigger Down Payments Continue in Q4 2024 as Homeowners Use Pandemic Era Savings and Increased Home Equity - News (NASDAQ:NWSA), News (NASDAQ:NWS)

Summary by Benzinga
2024 Saw the Highest Down Payments in the Data's History, Both as a Dollar Amount and as a Share of Purchase Price, according to Realtor.com® AUSTIN, Texas, March 27, 2025 /PRNewswire/ -- The typical down payment in the fourth quarter was $30,250, according to a new report from Realtor.com®, ever-so-slightly below the third quarter's level but roughly $3,000 higher than one year prior. Last year saw the highest down payments in the data's histor…

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MessAge MediaMessAge Media
+8 Reposted by 8 other sources
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Bigger Down Payments Continue in Q4 2024 as Homeowners Use Pandemic Era Savings and Increased Home Equity

2024 Saw the Highest Down Payments in the Data's History, Both as a Dollar Amount and as a Share of Purchase Price, according to Realtor.com®

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BenzingaBenzinga
Center

Bigger Down Payments Continue in Q4 2024 as Homeowners Use Pandemic Era Savings and Increased Home Equity - News (NASDAQ:NWSA), News (NASDAQ:NWS)

2024 Saw the Highest Down Payments in the Data's History, Both as a Dollar Amount and as a Share of Purchase Price, according to Realtor.com® AUSTIN, Texas, March 27, 2025 /PRNewswire/ -- The typical down payment in the fourth quarter was $30,250, according to a new report from Realtor.com®, ever-so-slightly below the third quarter's level but roughly $3,000 higher than one year prior. Last year saw the highest down payments in the data's histor…

·New York, United States
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themortgagepoint.comthemortgagepoint.com

U.S. Homeowners Still Using Pandemic Savings for Down Payments - The MortgagePoint

According to a recent Realtor.com survey, the average down payment in the fourth quarter was $30,250, which was around $3,000 more than the previous year but only somewhat less than the third quarter’s amount. The largest down payments in the history of the records, both in terms of total dollars and as a percentage of the buying price, occurred last year. In the fourth quarter of 2024, down payments were 3.4 percentage points greater than they …

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HousingWireHousingWire

Homebuyers made record down payments in 2024

U.S. homebuyers continued making historically large down payments in late 2024, responding to a year of record-high upfront housing costs, according to a Realtor.com report. The typical down payment in the fourth quarter was $30,250, slightly below the previous quarter but roughly $3,000 above results from late-2023. For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking…

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rismedia.comrismedia.com

Down Payments on Homes Reached a Record High During 2024

Down payments noticeably increased during 2024, according to the latest findings from Realtor.com—the report states that 2024 saw the highest down payments in the history of this data being recorded. In Q4 2024, the median down payment on a primary residence was $30,250, up from $24,000 in Q4 2021. As a percentage, the average primary… The post Down Payments on Homes Reached a Record High During 2024 appeared first on RISMedia.

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Benzinga broke the news in New York, United States on Thursday, March 27, 2025.
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