National realtor Redfin says a quarter (24%) of homebuyers who use the money to promote their investment in US stimulus funds are the most common way to raise a deposit after savings. directly from salary.
This claim is based on a study by Redfin involving 1,500 US residents who plan to buy or sell a Homebuyers in the next 12 months. The study was commissioned by the research company Lucid on 10–13 March. Until December 2021. The report looked at 215 1,500 respondents who answered the question “How did you collect the money you want to pay?” Redfin only asked this question from participants who said they would buy their first home next year.
“At the beginning of the epidemic, there was great economic instability and many people began to lose their jobs due to large-scale closures. But many Americans, especially those who can afford a Homebuyers, are now in a better financial position.” “Incentive payments have given many Americans not only the help they need but extra money in their pockets. Some people have been able to save more money than usual because they spent less on things like traveling, eating out, and paying off student loans.”
The average American family with children received $ 666 in incentive payments in 2021 in the form of child custody and increased tax credits, both of which are part of COVID-19 aid laws. Although this study showed for the first time to a group of homebuyers that the incentive tax helped them make their payments, many of its recipients spent most of their money on necessities daily.
Discount fees can have a huge impact on your deposit. A typical American house sells for $ 382,900 and the average price is about 10 percent of the purchase price, which is equal to $ 388 on average. Some buyers give down just 3%, which equates to an $ 11,500 deposit.
23 percent of respondents said the opportunity to save extra money during the epidemic helped their earnings, the third most common way to pay to raise money.
Other deposit collection mechanisms include cash transfers in cryptocurrency (12%) and cash transfers from families (12%).