Real Estate Affordability

Buying a Home Santa Cruz Housing Market Opportunities If you’ve been sitting on the sidelines hoping for interest rates to drop or home prices to become a little more affordable, then I hate to be the bearer of bad news, but you’re going to be waiting a long time. Much like many markets across US metropolitan areas, the Bay Area housing market has […]
Real Estate Affordability Interest Rates and Inventory in the Santa Cruz Housing Market If you haven’t noticed, inventory in the real estate market feels like it’s getting tighter and tighter (because it is). It’s not a localized issue; it’s being seen across most housing markets in the country. However, it’s particularly prevalent in California. This article will discuss how interest rates became so high and how buyers and […]
Real Estate Affordability Top 5 Most Affordable Places to Live in California California is a great state to consider if you’re looking for a place to call home. With its impressive variety of landscapes, vibrant cities, and wealth of outdoor activities, it’s no wonder so many people are choosing to make this sunny state their home.  But for some, such as those with a family, affordability may […]
Real Estate Affordability How to Know You’ve Found the Right Agent in California Whether you plan to buy a home or sell it, you need a real estate agent. In the first case, a real estate agent will help you find your dream home, a home that suits your budget and all the things on your must-have list. In the second case, they will help you sell your […]
Real Estate Affordability Build A Home with Little to No Money Down Buying a home can be nerve-racking, especially when you consider the costs at the beginning of the process, with most home loans requiring a down payment of between 10-30%. Not to mention the various fees that come with it. For many buyers, this may feel like homeownership is out of reach. Thankfully, using government loans […]
Real Estate Affordability Your Dream of Buying a Larger Property After Retirement Can Become a Reality Retirees who have worked hard and saved carefully may consider buying a larger home better suited to pursuing new hobbies, small business ventures, or hosting family gatherings. For those who have accumulated many belongings over the years or are storing the possessions of college-aged children who haven’t yet settled down, a larger home allows for […]
Real Estate Affordability How Much House Can I Afford? Quick Guide To Home Affordability By Richard Stevens Digital Content Manager New Silver Lending, LLC Calculating how much house you can afford is relatively straightforward if you just want a basic estimate based on your current salary. For instance, one quick rule thumb is to multiply your annual salary by 2.5 (or 3 if you have a good credit score). […]
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