Buyers now need $20K for a down payment, the highest ever


Struggling first-time buyers have needed almost $6,000 more in the fall of 2017 than they did a year ago, as the median down payment reached a record high. ATTOM Data Solutions says that in the third quarter of 2017, the median down payment was $20,000, up from $18,161 in the second quarter of 2017 and up from $14,400 in Q3 2016.

Source: Buyers now need $20K for a down payment, the highest ever