Cash Down Payments Continue to be High

Dated: June 24 2012

Views: 2580

Cash Down Payments Continue to be High

The December 2011 Realtors Confidence Index survey reports that cash down payments are at or above 20 percent of the home sales price in 34 percent of the transactions. This level of high down payments appears to be relatively high and appears to reflect the effects of overly tight credit markets.

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