A new Zillow Hotpads study found that it will take a renter in the Seattle Metro area one month shy of 13 years to save up enough money to be able to put a 20 percent down payment on a home. Alternatively, if a renter chose to put down 3.5 percent, it would take 2 years and 4 months. The report assumes that renters can set aside 20 percent of their monthly income. Read more here.
