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Published: Feb 04, 2022 4 min read
Illustration of a house, many people walking towards it and the path leading to it is a stimulus check.
Money; Getty Images; Shutterstock.

Government stimulus checks are helping people realize the dream of buying their first homes.

A recent report from Redfin found that nearly one in four first-time homebuyers are using stimulus money from the government to help put together a down payment.

The data comes from a December survey of 1,500 U.S. residents. Of the 215 respondents who indicated that they planned to buy their first home within the next year, 24% said they had saved stimulus money to help accumulate a down payment.