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Among the vice presidents policy proposals is $25,000 in federal down payment assistance for qualifying first-time homebuyers.
The plans detractors argue it will only send prices higher by fueling demand when supply cant keep up.
While analysts and advocates can disagree, one thing is certain $25,000 means different things in different markets.
Smaller homes are in the highest demand, with one-bedroom properties selling for 31% more year over year.
The number of homes sold in that same time fell by 6.5%.
In fact, theyve been rising steadily since 2020 with almost no slowdown, despite rising interest rates.
Shreveport-Bossier City, Louisiana
In this metro, it all depends on where youre looking to buy.
According to Rocket Homes, Bossier City is a sellers market, while Shreveport is currently a buyers market.
Average median list prices and percentage down were sourced fromRealtor.com.
Additional information was sourced fromRocket Homes,RedfinandZillow.
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