Join NAR’s commemoration of the Fair Housing Act. Watch this video to learn about the law, how it makes our industry and country stronger, and the work that is still to be done. We ask all members of the REALTOR® family to join us in this commemoration and stand together with us in this commitment.
Here is a look at how recent buyers purchased their home:
Median purchase price – $235,000
Obtained a mortgage – 88%
Down payment amount – 10 percent
Down payment sources – savings (59 percent); sales proceeds from previous home (38 percent)
Received down payment help from family/friends – 16 percent
Obtaining a mortgage was not difficult/easier than expected – 66 percent
For more Information read the 2017 Profile of Home Buyers and Sellers.
In the following brief video, from the National Association of REALTORS YouTube channel, NAR reviews its continued commitment to protecting the American dream of homeownership.