As home prices continue rising, so do down payments. Check out the Phoenix forecast
For future home buyers wondering when to stop saving and get into the housing market, the math is clear: the sooner the better, according to a new analysis from Zillow out Thursday.
With home values forecasted to rise in every major U.S. metro over the next year, a 20% down payment on the median-priced home today will cost thousands of dollars more just one year from now.