The Meadows Castle Rock | Millennials Flock Towards Low Down Payment Programs


The Meadows Castle Rock | Millennials Flock Towards Low Down Payment Programs

If you are thinking about purchasing a home in The Meadows in Castle Rock, you may already know it is a desirable neighborhood.  With easy access to shopping, lots of parks and open space, easy access to I-25 with the opening of the new Castle Rock Parkway ramp and highly ranked Douglas County schools, you are not alone in wanting to live in the Meadows.  As a real estate agent, I want to be assure you that I will provide you with the best buying experience with knowledge and expertise to guide you along the way.

Today I would like to talk to you about how Millennials Flock Towards Low Down Payment Programs.

Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less.  This trend continues among all buyers who secure a mortgage to purchase their home with 73% making a down payment of less than 20%.

Chase points to a new wave of Millennial Homebuyers:

“We teamed up with Google to help us better understand what customers are searching for and how the home buying landscape is evolving. We found that millennials and first-time homebuyers are making a big splash in the market, and affordability remains top of mind.”

Among millennials who purchased homes, David Norris, Loan Depot’s Head of Retail Lending, said:

“”It’s clear from the survey results that Millennials have a lot of anxiety built up about the home buying process.  There is good news, however, as there’s more flexibility than most Millennials think regarding how to qualify for a loan and what’s needed for a down payment.”

Real Estate Bottom Line

If you are a millennial who is thinking about buying a home in the next 6 months, let’s connect so I can answer your real estate questions.

Source: KCM Marcy Ruberto Blog

If you are a millennial or first time homebuyer, it’s important you have a knowledgeable agent on your side who is an expert in the local real estate market. I am happy to provide you with the most updated strategic information for your home purchase in The Meadows or anywhere in  Castle Rock, Colorado.

To reach me, please call 303-638-6536 or email

Click here to search for current listings in Castle Rock

Thinking of Selling Your Home? Let me sell your home with my 10 Proven Strategies. Call or text 303-638-6536 for more information.

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