Florida homebuyers generally make larger down payments than the national average, reflecting ongoing affordability challenges. Typical down payments in Miami and West Palm Beach are around 20%, Fort Lauderdale 16%, Orlando 14%, Tampa 10%, and Jacksonville 9%. Tampa and Miami saw increases in down payment percentages due to rising home prices, despite eased competition. Down payments remain higher than pre-pandemic levels as home values exceed those from before 2020.
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