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by bradlys
2669 days ago
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From anecdotal data, yes - very true. I think you're seeing a wider spread than before. People who are trying to get homes with less % down than before and people who are using their parents' money. An article I read (that used anecdotal data from real estate agents) was suggesting that around 35% of new home buyers in SF Bay are getting partial to full down payment from parents. Anyone in my social circle who bought their first home (anywhere on the west coast) and is in their 20's or 30's, they didn't do it by themselves. Their parents chipped in quite a bit. |
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