The average down payment fell to $30,300 in the third quarter, saving buyers $2,400. Down payments on a home in the United States fell in the third quarter of this year, giving hopeful buyers much-needed relief.
Billy Joel initially listed his mansion with an asking price of $64.9 million in 2022. He slashed the price numerous times after failing to find a buyer.
Saving for a down-payment can take years, but there are ways to own a house without putting a down. The median sale price of a home in the United States has risen to $432,849 as of August.
The saltbox home was built in 1697, nearly a century before the US constitution was written and ratified. The house features three bedrooms and two bathrooms on a 0.33-acre plot.
Recent changes in real estate allow sellers more flexibility in handling buyer's agent commissions. This shift has led sellers to question whether they can opt out of paying these fees entirely.