How Much Home Can You Actually Afford in 2024 (By Salary)

  Рет қаралды 2,940

Sean Pan

Ай бұрын

2024 has been a crazy time for real estate! With interest rates are still in the high sixes and low sevens, you'd expect home prices to drop, but instead, many homes are selling for more than they did 2 or 3 years ago.
So that leaves the big question, "how much can you actually afford?".
In this video, I'll break down the numbers to show you how much home you can actually afford based on your salary!
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*Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites. The information in this video is accurate as of the posting date but may not be accurate in the future.

Пікірлер: 17
@seanlovesrealestate
@seanlovesrealestate Ай бұрын
✅ ✅ If you need help buying your first home, then find your perfect agent with Home and Money: homeandmoney.com/goodsweethomes/
@andrewenness9980
@andrewenness9980 Ай бұрын
Hey, could you possibly make a video, or give me an explanation, on how or if it would be different for 2 or more people to buy a home together?
@forwork2601
@forwork2601 14 күн бұрын
Would be nice to be rich like this dude
@shadow7930
@shadow7930 Ай бұрын
So my dad send all my currency (1,000$) to the bank. What will happened 1 year later?
@loganwassill7003
@loganwassill7003 Ай бұрын
I make about half what is recommended for a $300,000 home. There aren't any houses that go for that little. Hello from Canada
@nayan5383
@nayan5383 Ай бұрын
It is because you live in CANADA!
@seanlovesrealestate
@seanlovesrealestate Ай бұрын
Yea, being able to afford a house is rough nowadays
@nayan5383
@nayan5383 Ай бұрын
Especially Canada it is very expensive.
@irvingtang9869
@irvingtang9869 Ай бұрын
It’s getting riskier and riskier to sign your name on mortgage. Gone are the days of working for the same employer for 35 years. I don’t plan on retiring nor dying don’t take for granted your life and your death. I’m feeling better now at 45 years old compared to how I felt at age 19. 5-6 countries now are working on a vaccine for cancer. Given the pace of innovation in everything I would not be surprised people can live to 145 at least
@seanlovesrealestate
@seanlovesrealestate Ай бұрын
If you think you're going to live a long time, it's actually a better deal to buy a property with a mortgage because while rents can (and will) increase over time, once your home is paid off, all you need to worry about are your property taxes
@user-lz9kj2co4z
@user-lz9kj2co4z 27 күн бұрын
Im under 16 but since i know education isn't gonna teach me this, should i start worrying? Btw hi from Singapore
@seanlovesrealestate
@seanlovesrealestate 26 күн бұрын
Hello! There are a lot of ways to learn like reading books or watching youtube videos. Keep on learning! 🙌🏻
@PSammy15
@PSammy15 Ай бұрын
Ye hehe before
@seanlovesrealestate
@seanlovesrealestate Ай бұрын
thanks for watching!
@OTHorchata
@OTHorchata Ай бұрын
yum
@Avayix008
@Avayix008 Ай бұрын
yum
@PSammy15
@PSammy15 Ай бұрын
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