San Diego is 6th Among Metro Areas with Highest Down Payments

As home prices continue to rise, home buyers are bringing more down payment money to closing.

The median down payment on a single-family home and condo purchased in the third quarter increased by nearly 67% compared to a year ago, according to analysis from ATTOM Data Solutions, a real estate data firm. Five of the top six U.S. metro areas that saw the highest median down payments in the third quarter were in California, and the San Diego region 6th among the top ten at $112,000. Read more.