ou’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders.

Existing home sales improved in October and inventories remained tight statewide, putting upward pressure on home prices, according to the latest analysis of the existing home market by the Wisconsin REALTORS® Association.