Discount Homes In California

Written by Jared Vincenti
Bookmark and Share

California is the nation's most populous state, home to six cities of over one million people. It is a large state, and contains everything from temperate redwood rainforests to the hottest deserts. The population is similarly diverse, and the 2000 census found no ethnic majority in the state.

When the Transcontinental Railroad was completed in 1869, California's economy began to boom, as its climate is suited to growing fruit--and the railroad meant it could quickly reach markets further east. Agriculture is still California's largest industry, and it recently beat out Wisconsin in terms of dairy production. California was also the home of the dot-com boom, and in places is still recovering from the dot-com bust.

Looking for a Home in California

Home prices in California will vary widely depending on where you look. Large cities like Los Angeles and San Francisco have high real estate prices, but more rural areas can have much lower prices. Areas like San Jose that were hit harder by the dot-com bust may boast lower real estate prices to encourage investors.

No matter where you're looking in California, you can be sure to get a good price on a home by bidding on a foreclosure home. These are properties that have lost their mortgage and are returned to the bank for resale. Such properties are dramatically cheaper than other homes on the market, and just take a little looking-for. Foreclosure listings are available online, although some websites may require a subscription.

Bookmark and Share