Renters accelerate buying plans as rental affordability improves
Zillow data shows rent price growth has reached its lowest level since 2020
by Marian McPherson Apr 21
The heyday of the cash homebuyer seems to be over (at least for now)
As mortgage rates remain lower and buyers continue to have the upper hand in most markets across the US, many are opting out of paying for homes in cash
by Lillian Dickerson Feb 17
First-time buyers get creative with financing in 2026
Easing interest rates, down payment assistance and builder incentives are helping 1st-time homebuyers compete, according to the latest from the National Association of Realtors
by Marian McPherson Jan 6
Down payments set shrinking course for 1st time in 2 years
Down payments are declining as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said
by Lillian Dickerson Jun 16
Record down payments reveal a divided housing market
According to a new report from Realtor.com, the national average down payment hit 14.4% and $30,250 in Q4. The biggest gains came from the Northeast and Midwest
by Richelle Hammiel Apr 9
Buyers' market to usher in 'season of hope' in 2024, Redfin projects
Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin's outlook for 2024
by Ben Verde Dec 5
This season's trendiest wedding registry gift? A brand new home
The share of couples including 'home funds' as part of their wedding registry has increased by 55% since 2018, according to a joint analysis released Thursday by Zillow and The Knot
by Ben Verde Oct 20
Typical home down payment falls to 2-year low as concessions return
The typical down payment for a homebuyer in the United States fell 10% between January 2022 and 2023, to $42,375, according to new data released Wednesday by Redfin
by Ben Verde Mar 22
The 10 US cities where down payments for homes are lowest
Some parts of the country exist where homebuyers can get away with much smaller down payments especially in the South and the Rust Belt, according to a new report
by Ben Verde Nov 10
Cash still king as nearly a third of homebuyers spurn costly mortgages 
All-cash home purchases in the US hit 31.4% of all transactions in July 2022, just short of an 8-year high reached in February 2022, according to new data released Friday by Redfin
by Lillian Dickerson Sep 16
Refinance loans spur 14-year high in lending activity
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000
older millennial
Clever Real Estate's latest millennial survey revealed just how far the generation is willing to go to become homeowners
by Marian McPherson Feb 23
Down payment assistance programs remain strong during pandemic
According to Down Payment Resource's latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers
by Marian McPherson Sep 11
New federal legislation aims to help buyers save for down payments
Similar to a 529 Plan, the American Dream Down Payment Act would help homebuyers save 20% for a down payment in a state-managed savings account
by Marian McPherson Aug 27
Young buyers disproportionately impacted by economic fallout
According to Down Payment Resource's latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April's record layoffs
by Marian McPherson Apr 22