Respondents in the latest National Association of REALTORS Profile of Buyers and Sellers said that saving for the down payment was the most difficult step in the home buying process. Many buyers are unaware of or have no access to information about homeownership programs that could make their home purchase more affordable.
Down Payment Resource (a core service I offer clients as part of my NorthstarMLS membership) was recently named one of 2017's most innovative technology companies by HousingWire TECH100. DPR received the honor for its ability to automate the process of matching buyers and properties to more than 2,400 available homebuyer programs.
In 2016, visitors to DownPaymentResource.com increased by 122% and down payment program searches completed increased 39%, according to the HW article.
Currently, 52% of Active SF Residential listings on NorthstarMLS Matrix display the DPR flag, which means the listing is potentially eligible for a down payment program.
Do you need assistance? I can check for my client’s down payment program eligibility and search through local programs that may be available to you. Contact me today!