Saving a down payment for your first home

by Tracy Hookstra | December 19, 2015

According to a recent KCM Blog post, it takes an average of eight years for a first time homebuyer in the United States to save money for their down payment (based on a 10% down payment). For Texans, that number is approximately 6.45 years. For those who qualify for a Freddie Mac or Fannie Mae 3% program, it’s less than two years! Check out this info graphic for numbers across the country.

If you are a first time homebuyer, call The Jan Richey Team. With over 120 years of combined real estate experience, each member has the knowledge and expertise to guide you in the right direction during your buying experience.

Infographic: KCM Blog