Can You Really Afford a Home in California? Artwork

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MONOPOLY LIFE PODCAST

Can You Really Afford a Home in California?

September 23, 2024 • Sergio Hernandez | Omar A. Martinez • Season 1 • Episode 23

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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People on this episode

Omar A. Martinez

Host

Sergio Hernandez

Host