Can You Really Afford a Home in California?
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Can You Really Afford a Home in California?
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In this episode, we dive into the true cost of homeownership in California. With skyrocketing prices and tightening lending guidelines, is buying a home still within reach? Join us as we break down the numbers for a median-priced home in California, explore the required income and down payment, and discuss the impact of factors like mortgage insurance, taxes, and homeowner’s insurance. We also share creative strategies to make homeownership more affordable, including ADU rentals and down payment assistance programs. Whether you're a first-time buyer or planning ahead, this episode offers practical advice and insight to help you on your homeownership journey.
Tune in, and find out if owning a home in California is possible for you today!
Hosted by:
Sergio Hernandez
DRE#01190068 | NMLS# 108378
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Omar A. Martinez
DRE# 01290170 | NMLS#108525
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All information is for informational purposes.