Here Are the Down Payment Averages for #WashingtonDC
Our nation's capital's up there in terms of the ranks for highest down payment percentage averages. But as you know, a high down payment isn't necessarily a bad thing.
You have to keep in mind that the demand's high in D.C. Your average down payment will be an astonishing $101,291.67. That's currently the HIGHEST down payment IN THE NATION.
Let's put it in perspective, though…. The percentage of the full sales price is ONLY 19.36%. And that's NOT the highest down payment percentage in the nation.
So do your math accordingly.
They’re called mortgage trends, friends. Do the research here. Of course, we’re noticing that there’s one major trend going on in the real estate market, and that’s the higher down payment, but perhaps you might want to stick…