Although there are many ways to look at this, here is an article with a chart and video that talks about how much you have to earn annually to purchase a home in today's real estate market. There are a couple of So Cal cities included in this chart showing exactly what's needed to purchase a home in that specific area.
These numbers are averages and there are many other factors you need to consider if you truly want to find out how much you qualify for to purchase a home, call me today. Remember today sellers are giving buyers all sorts of incentives to help them qualify for a lower payment and use less cash out-of-pocket to purchase a home. Don’t miss out on this opportunity to become a homeowner.
If you have any questions, please call me.
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