{"id":14,"date":"2026-09-16T12:00:00","date_gmt":"2026-09-16T12:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/rogersocalhomes-com\/2026\/09\/16\/californias-down-payment-wait-14-7-years\/"},"modified":"2026-09-16T12:00:00","modified_gmt":"2026-09-16T12:00:00","slug":"californias-down-payment-wait-14-7-years","status":"publish","type":"post","link":"https:\/\/www.rogersocalhomes.com\/blog\/2026\/09\/16\/californias-down-payment-wait-14-7-years\/","title":{"rendered":"California&#8217;s Down Payment Wait: 14.7 Years"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/roger-flowers\/states-saving-home-remotion-videos-ce93\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>It\u2019s eye-opening to realize that for many California households, it now takes an average of 14.7 years to save up a 20% down payment on a typical home\u2014currently priced at $776,200, with a median income of $105,600. For minimum-wage earners setting aside savings on their own, that timeline stretches to a staggering 44.2 years. Geography certainly plays a part: our state\u2019s coastline, mountains, and protected lands mean that most new housing is squeezed into premium coastal corridors. Add in a long-standing tax incentive that encourages homeowners to stay put, along with strong job growth in technology and health care, and you have even more pressure on our local housing market.<\/p>\n<p>For first-time buyers, especially here in the Inland Empire and nearby areas I serve, planning ahead is more important than ever. It\u2019s not just about saving\u2014wage growth would have to outpace home price increases for years before these timelines shorten. As a REALTOR\u00ae with deep local experience, my focus is always on helping buyers and sellers navigate these realities with clear, no-pressure guidance, so you can make informed decisions about your next move.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s eye-opening to realize that for many California households, it now takes an average of 14.7 years to save up a 20% down payment on a typical home\u2014currently priced at $776,200, with a median income of $105,600. For minimum-wage earners setting aside savings on their own, that timeline stretches to a staggering 44.2 years. Geography [&hellip;]<\/p>\n","protected":false},"author":345,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/posts\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/users\/345"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":0,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/posts\/14\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/media?parent=14"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/categories?post=14"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rogersocalhomes.com\/blog\/wp-json\/wp\/v2\/tags?post=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}