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Market Overview and Update: Can You Still Afford to Buy?
Manage episode 436845988 series 3562796
Вміст надано The Schwaegerle Team. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією The Schwaegerle Team або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Buying a house in California feels impossible, right? Sky-high prices, rising rates, and no inventory. In this episode, we're breaking down why it's so tough and sharing how you can still make it happen. Discover the power of house hacking and creative strategies to unlock homeownership, even in today's challenging market. As a realtor and investor, I've seen it all, and I'm here to guide you.
Takeaways
The median sales price for a house in California is $900,000, making it difficult for many people to afford a home.
The affordability crisis is driven by the imbalance between supply and demand.
The cost of building, including land, labor, and lumber, is increasing, contributing to higher home prices.
Real estate remains a good long-term investment, providing financial security, wealth building potential, tax benefits, and protection against inflation.
For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.
This podcast was produced by Two Brothers Creative.
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