View Larger Image Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC] October 26th, 2018|Buying Myths, First Time Home Buyers, For Buyers, Infographics| Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%. 76.4% of loan applications were approved last month. The average credit score of approved loans was 727 in September. Posts by CategoryCategoriesBaby Boomers (19) Buying Myths (60) Condominium (1) Demographics (25) Distressed Properties (2) Down Payments (27) Featured (2) First Time Home Buyers (343) First Time Home Sellers (3) For Agents (1) For Buyers (479) Foreclosures (5) For Sellers (405) FSBOs (12) Generation X (13) Gen Z (2) Holidays (2) Home Owners (6) Housing Market Updates (276) Infographics (106) Interest Rates (68) Luxury Market (6) Millennials (47) Move-Up Buyers (358) New Construction (10) Pricing (91) Rent vs. Buy (61) Selling Myths (21) Senior Market (11) Time-sensitive (4) Uncategorized (10) Video (14) Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkEmail Related Posts Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC] Why This Is Not Like 2008 Again Home Price Appreciation Is as Simple as Supply and Demand In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price Is the Economic Recovery Beating All Projections? Homes Across the Country Are Selling Fast [INFOGRAPHIC] The Surging Real Estate Market Continues to Climb Is Now a Good Time to Move?