Down Payments Could Cost You in Coachella Valley

Melissa Nichols
MortgageWorks
Published in
Apr 15, 2024

The landscape of home buying in the Coachella Valley is evolving, and at its heart lies a concept that might just be your golden ticket or biggest hurdle: down payments. Gone are the days when a modest sum could secure you keys to a new abode.

Today, we’re witnessing an era where the median down payment amount for homes has surged to $55,640 — a 24% hike from yesteryears. And while this number paints a stark picture of current real estate dynamics, it also whispers opportunities for those ready to listen.

Would you like to read more? Please visit our blog- https://www.mwloan.com/blog/down-payments-could-cost-you-in-coachella-valley
Or give us a call: (760) 883–5700

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