How Fast Can You Save for a Down Payment in Las Vegas?
Posted by Jasmine Bega on Thursday, May 4, 2017 at 10:14 AM By Jasmine Bega / May 4, 2017 Comment
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take you to save for a down payment in each state.
Using data from the United States Census Bureau and Zillow, we determined how long it would take, nationwide, for a first-time buyer to save enough money for a down payment on their dream home. There is a long-standing ‘rule’ that a household...