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Facts About #BuyingAHome


October 29, 2015
by jakeralston

Buying A Home Can Be Scary... Until You Know the FACTS! [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%.
  • 71% of loan applications were approved last month
  • The average credit score of approved loans was 723 in September (the lowest recorded score since Ellie Mae began tracking in August 2011).

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© 2025 HITCHCOCK + ASSOCIATES, All Rights Reserved.

Kat Hitchcock Lead Realtor®
DRE#01932289

Kylie Tersigni Associate + Realtor®
DRE#02066142

Hitchcock + Associates - COMPASS
801 Chapala St, Santa Barbara, CA 93101
(805) 351-2101

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.