Is buying real estate in California a good investment?
Is buying real estate in California a good investment?
Despite being pricey, the California housing market still remains favorable in the eyes of real estate investors. The job market is still strong, the property taxes remain favorable, home values are increasing, and the demand for rental properties is high.9 ago 2021
Is real estate good in California?
Despite the skyrocketing price tags and living costs, California's housing market has always been a favorable option for real estate investors because of the significant amount of appreciation an average property accumulates over many years.15 nov 2021
Is 2021 a good year to buy a house in California?
According to the California Association of Realtors (C.A.R.), while the market has slowed in recent months, 2021 has outpaced last year's sales thus far and is likely to achieve again by year's end.18 dic 2021
Can I put less than 20% down on an investment property?
If you finance the property as an investment property, you'll typically need at least 20% down. Fannie Mae's minimum lending standards allow single-family investment property loans with as little as 15% down, but this jumps to 25% for multifamily properties.9 jun 2021