### Comment:
&gt; with loans as tough as they are to get 
  
 Funny, here in Denver if you fog a mirror you get a 0% downpayment mortgage. I'm not only inundated with offers... the kicker: got invited to a seminar about how to 'get creative' when dealing with the insurmountable challenge of putting a tiny 3.5% downpayment together. Was organized by realtors. 
  
 Enough said!

### REPLY:
California is way different, but we are competing with Chinese cash buyers. Won’t get into how shady those are, but a 3.5% down payment isn’t a small chunk of change when a decent house is $800,000.

### END.