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Median Down Payment for U.S. Homes Purchased in Q3 2017 Increases to a New High of $20,000

Median Down Payment for U.S. Homes Purchased in Q3 2017 Increases to a New High of $20,000

by | Dec 12, 2017 | Heat Maps, Home Sales & Prices, Mortgage & Finance, Real Estate News - Recent Articles, Single Family Rental

Average Down Payment of $76,645 Also at New High Median Down Payment 7.6 Percent of Median Home Price, a 4-Year High; Purchase Loans Up 7 Percent, HELOCs Up 12 Percent, Refis Down 19 Percent from Year Ago IRVINE, Calif. – Dec. 14, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q3... Read More »
Shared Equity: Starter Homes for the Next Generation

Shared Equity: Starter Homes for the Next Generation

by | Sep 26, 2017 | Affordability, Hazard Risk, Home Prices & Values, Home Sales & Prices, Mortgage & Finance, Real Estate News - Recent Articles, Risk

It might seem like a strange idea but buried in an old piece of legislation designed to help coal miners is a magical key which can potentially open the ownership door for millions of new homebuyers. The idea is called “shared equity” and there’s reason to think that its time has come. More than 16 percent of all single family purchases in the... Read More »