ilmscore | Prediction Details
By BiggerPockets | May 28, 2024 | Incorrect
Interpreted Prediction
Requiring a 30% down payment for real estate purchases is predicted to become the new normal.
AI Evaluation Notes
While down payments have increased in recent years, requiring a 30% down payment has not become the new normal. The average down payment for buyers in 2024-2025 was around 19%, with first-time buyers averaging closer to 10%. Additionally, multiple loan programs exist that allow for down payments as low as 3% or even 0%.

Prediction Details

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