The sky-high inflation rate that hit early last year did not go unnoticed by the Biden administration. In May 2022, the White House issued a plan for tackling inflation that included a laundry list of.
Annual home list prices have dropped for the first time in years, according to a new Realtor.com report. And while the dips in price have been relatively small, drops have been more dramatic in some.
The average home value in the United States is $346,270, according to Zillow but many prospective buyers are optimistic that they can do much better. See: 15 Cities Where Houses Are the Best.
Although 20% is the "standard" down payment amount, most homeowners don't actually put that much down. A recent GOBankingRates survey found that, in fact, more than half of homeowners (54%) put down.