Homebuyers in some of California’s largest cities are putting down a hefty share of a home’s purchase price than buyers anywhere else in the country, a new study has revealed.
Homebuyers in San Jose, San Francisco, and Anaheim made the highest median down payments in March among the 40 most populous cities in the U.S., according to a study by Redfin.
In all three California cities, the typical buyer put down 25% of the purchase price, the highest share recorded in the analysis…