Thursday, April 5, 2018

Bay Area, California Homebuyers Lead the Nation for Down-Payment Size

From the Pacific Union blog:
If you're planning to shop for a home in the Bay Area this spring, you would do well to have more than $200,000 in the bank for a down payment.  Buyers in the San Jose metropolitan area are currently shelling out the largest down payments in America, an average of 23.9 percent.  As the country's most expensive housing market, with a median list price of $1.2 million, San Jose homebuyers are placing down payments of $257,000.  Read more at https://bit.ly/2GAEcJF . For more information about this and all your real estate needs, call FRITZ.

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