With a Homes.com pro membership, you get greater exposure for every listing—driving more deals your way. To learn more about the fastest-growing portal in the homebuying industry, plus how a pro membership can boost your business, learn more here.

The largest age group in the country reaching a milestone birthday is a huge opportunity for agents and investors. If you know where to look, what to share, and how to reach them. 

A recent report from John Burns Research & Consulting found that the average homeowner who purchased a median-priced home in 2020 has seen their net worth surge a whopping $208,000 in just three years. Together, homeowners are sitting on nearly $32 trillion in home equity—double the peak value reached in 2006. 

The bottom line? Real estate is on 🔥 and only gaining more traction with every year that goes by.

SHARPEN YOUR SKILLS

TRACK THE TRENDS

MARKETS

Down payments are trending up

In a market where homebuyers are increasingly opting for interest-reducing purchase options, down payments have just broken a surprising two-year streak. In February, the median down payment jumped to $55,640—the biggest annual percentage increase since April 2022. 

By the numbers:

• In February, the median down payment across all financed home purchases hit 15% of the purchase price. That’s up from just 10% this time last year. 

• At $55,640, the median down payment is up 24.1% YoY—largely due to higher home prices and buyers paying more up front to lower their monthly mortgage payments.

• With a 15% down payment and a 6.79% mortgage rate, a buyer purchasing a median-priced home can now expect a monthly mortgage of $2,836. 

REC ROUNDUP

The Friday Five

📖 Navigating the NAR. Read James & David’s advice for operating smart systems in the post-NAR-settlement market.

👀 AI Dream Homes. See inside Lana Del Rey’s Old Hollywood meets Waffle House home, as imagined by Chat GPT.

👀 Who runs the world. Celebrating some of the most influential women in real estate.

💡 Missing the market. This is the #1 biggest mistake costing you buyers, bids, and quick sales. 

💡 Real estate recap. Let’s Get to the Point recaps the top 5 real estate stories of this week. 

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