Down Payments Climb in Northeast, Fall in South in 2024

Down payments reached 14.4% and $30,250 nationally in Q4 2024, setting a new Q4 high. As a whole, 2024 saw the highest down payments in the data’s history, as both a dollar amount and a share of purchase price. Down payments trended sharply higher starting in 2020 due to intense buyer competition and rapid price
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