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  • Metro East REIA

Redfin Says Typical Down Payment Has Fallen 10% As Housing Market Cools

New data from Redfin shows that the typical down payment fell over 10% over a one-year period ending in January, coming in at $42k. They say this is the lowest is has been in nearly two years. They also report that the median down payment was down 35% from its peak in June, but it was still up more than 30% from pre-pandemic levels. Continue reading HERE...

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