Wow – Usually it takes a few posts before someone diverts off-topic.
Anyway, there is no easy way to find out how much people have saved up in general. However, the RE agents on this board have occasionally given examples of the types of clients they see purchasing. That might give us a clue.
I suspect that most 1st time buyers have less than 10% to put down. I’ve purchased several houses in my life. First one I put down 5% (about $8 K). Second house we put down 10% (about $30K). Third house we put down 20% (about $70K).
Based on my experiences and those of my peers, my guess is that few 1st time buyers have more than 25K saved up in liquid accounts to put down, regardless of race or ethnic origin.