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Rainmaker
4,068,048
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

This is a question to which an answer would have no rhyme or reason as each transaction is so different for various different reasons. And I can't think of one single good reason to spend time going back to find the answer to this. What would one do with that answer?

Feb 21, 2019 12:32 PM
Rainmaker
379,312
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Too much homework. I don't track that stat.

Feb 21, 2019 10:31 AM
Rainmaker
1,881,410
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I don't track that information.

Feb 21, 2019 05:16 PM
Ambassador
4,206,588
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

This is not something that I track but, I can tell you that the last 10 of my folks either put 20-40% down or paid cash (100%). I haven't had an FHA buyer since early winter.

Feb 21, 2019 02:53 PM
Rainmaker
1,105,895
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The number I would give won't help you at all.

Feb 21, 2019 05:23 PM
Rainmaker
1,717,012
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Not something relevant to my business or that I ever tracked.

Feb 21, 2019 12:44 PM
Rainmaker
6,557,264
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Averages have little meaning when talking about down payments. 

Many first time home buyers use FHA and VA or special local financing requiring very little cash. 

Feb 21, 2019 12:02 PM
Rainmaker
3,324,047
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Without even looking it is 3.5%. AND that would mean the majority of buyers use FHA to purchase. I sell lots of investment properties too, and those are all cash and a league of their own. 100% down on those. 

Feb 21, 2019 11:26 AM
Rainmaker
1,213,152
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Real Estate LLC - Coast & Luxury

This is not something that I track.

Feb 21, 2019 01:03 PM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Nina has a good answer.

Feb 24, 2019 06:44 AM
Ambassador
5,368,231
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Not something I am likely to pay much attention to since I spend my efforts on the other side of the deal.

Feb 22, 2019 12:56 AM
Rainmaker
957,296
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I don't track this metric. Why would I want to waste my time doing this and what practical purpose would it serve?

Feb 21, 2019 10:43 PM
Rainmaker
681,162
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Thinking back on the last few they all had good money down & 2 were all cash. 

Feb 21, 2019 09:00 PM
Rainmaker
898,496
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

20% +

Feb 21, 2019 07:17 PM
Ambassador
3,039,191
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

That is useless data as far as I am concerned. 

Feb 21, 2019 06:39 PM
Rainmaker
1,217,996
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

$10,000

Feb 21, 2019 06:28 PM
Rainmaker
1,717,694
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

10%

Feb 21, 2019 04:18 PM
Rainmaker
4,169,717
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I worked with predominantly cash buyers for my last 10 transactions which was a first!

Feb 21, 2019 03:59 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

And the significance of this question?

Feb 21, 2019 03:08 PM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The average down payments are sort of irrelevant. The bad part is that too many people are under the mistaken belief that they need far more money to buy a house than they do. While it varies from one individual to another it is quite possible for some home buyers to buy a home in my market in Northern Virginia and sometimes they need LESS to buy a house than they would to rent one!

Many buyers are in the position to put down sizable down payments these are usually those moving from one home they own to a new home and using the equity from the sale. I will say that in the past year I have had a number of home buyers that were able to buy with less than a few thousand dollars out of their own pockets. The Confusion over how much buyers need to put down keeps many people renting when they don't have to Rent Trap

Feb 21, 2019 01:56 PM
Rainmaker
5,571,411
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we're usually listing agents.....but when the team members work with buyers, every deal is different so it's impossible to remember who paid what for a down payment.... 

Feb 21, 2019 01:40 PM
Rainmaker
539,094
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

either 3.5% FHA or 100% cash

Feb 21, 2019 01:34 PM
Rainmaker
5,539,272
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It depends on the marketplace, and we would not track this stat....A

Feb 21, 2019 10:43 AM
Rainmaker
4,897,040
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have seen 25% cash, and most of my buyers have been 20% or more.

Mar 07, 2019 05:15 PM
Rainmaker
1,381,973
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Zero.  All my buyer transactions are cash.

Feb 22, 2019 08:54 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

20%

Feb 22, 2019 05:34 AM
Ambassador
4,561,721
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I don't track this information, and it varies quite a bit.

Feb 21, 2019 08:10 PM