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Lantern Road

The Toll at the Door

Oct 14, 2026 · 0:30

Word arrived that the toll at the door had grown. Ambrose: $37,000 more to put down than ten years past, by one investor's sums at 20% down. Pim has a toll of two acorns. The Toll Keeper: 39 months of rising prices, and fewer can qualify, the realtors say. Prudence: first-timers were 31 in a hundred of September's buyers.

Before the monthly payment there is the deposit: by one investor's arithmetic, 20% down on the median home is $37,000 more than ten years ago, and the median price, $417,500 in September, has risen for 39 months straight; first-time buyers were 31% of September's sales, cash buyers 27%, and investors and second-home buyers 20%.

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Charlie Bilello post: 10 years ago: 30-yr mortgage rate was 3.4% & median existing home price in the US was $235k. Today: 30-yr mortgage rate is 7.4% & median existing home price is $418k. Result: $37k increase in down payment (assume 20% down)

X · Oct 13, 2026

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