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The Pelts

The Coin Jar

Oct 14, 2026 · 0:31

Dirk Hanlon: by one investor's math, the home deposit is up $37,000 in ten years. Gus: easy, skip the deposit. Dot: Father, the deposit comes first; by his math, at twenty percent down, that's $37,000 more than before, and the median price ($417,500) has risen 39 months running. Skip: so who's buying? Dot: first-timers 31%, cash buyers 27%. Gus: cash, we have a jar. Lorraine: it's the coin jar.

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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