Don’t gamble with your future. If you’re considering buying a house, you should know that loan limits have increased from 2020. This means that you may have more buying power as a buyer and more options when it comes to finding a home that fits your budget. In Contra Costa County, conventional conforming loans are now $510,400 and in Alameda County, loan limits are $765,600. This means that buyers can get loans up to these amounts without needing jumbo investors, and more people may be able to qualify for loans with less money down. Additionally, there are loan programs available that require no down payment.
Many buyers are waiting to purchase a home without realizing that they could actually buy now. However, it’s important to be prepared and to do your due diligence before making such a significant purchase. If you’re not ready to buy right now, but know that you want to in the future, it’s a good idea to talk to a professional. They can help set you on the right path, educate you, and get you on track so you’re not gambling with your future. Contact Homes by Krista to learn more about your options and how we can help you secure a win.
There are many reasons why someone might choose to live in California:
Diverse communities: California is home to a wide variety of real estate communities and neighborhoods, each with its own unique character and culture.
Great weather: California is known for its mild, sunny climate, which makes it a great place to live year-round.
Outdoor recreation: The state is home to a number of national parks, beaches, and other outdoor recreational areas, which provide endless opportunities for hiking, biking, swimming, and more.
Cultural attractions: California is home to many world-renowned museums, galleries, and other cultural attractions, including the Getty Museum, the California Science Center, and the California Academy of Sciences.
Strong economy: California has a strong and diverse economy, with many job opportunities in a variety of industries, including tech, finance, and entertainment.
California’s real estate market offers a diverse selection of properties for purchase or rent, including urban apartments, suburban houses, and rural properties. The state’s strong economy and population growth have made it a good place to invest in property. However, the cost of living and property prices can vary depending on location, so it’s important to research the local market and work with a knowledgeable real estate agent or lender to find the right property for your needs and budget. Keep in mind that California’s real estate market is active and diverse, offering a range of options for those looking to live in the state.