“If you're thinking about buying your first home, that pesky down payment has probably kept you awake more than a few nights. We get it—while a pre-approval is crucial for determining your buying power, it's the down payment that shows you mean business…We're not saying that saving for a down payment will be a cake walk, but separating fact from fiction can go a long way. Here's the truth you need to know.”
"In the San Francisco metro area...starter homes appreciated 9.5 percent over one year while luxury homes went up 11.6 percent. Aaron Terrazas, Zillow senior economist, noted that Seattle is the only other metro area where high-end properties offered greater returns than low-end properties. Nationally, starter homes appreciated 8.5 percent last year, while homes in the top tier gained 3.6 percent in value, Zillow estimated."