Thursday, March 27, 2008

Hard times means Sacramento Foreclosure Homes available

The real estate market in California has taken a nose dive, making Sacramento bank foreclosures readily available. Homeowners are unable to make the payments on their homes and while this is unfortunate, the smart home buyers may benefit in Sacramento. Foreclosure homes are popping up all over.


Sacramento's total population is estimated at 456,398. About one-quarter of the total population is over fifty and Sacramento appears to be a haven for retirees with the growth rate of over fifty rising by 20.85% per year. In 2006, the over 50 population was 121,576.

Sacramento has 68 hospitals within a 30 miles radius and over 851 doctors' offices available making choosing health care providers a breeze. With the average age of many Sacramento residents over 50, having diverse health care options readily available is a must.

Sacramento's climate couldn't be better with 188 fabulous sunny days (in the mid to high 90s all summer!) and only 19 inches of rain per year making this is the perfect hub for the warm weather lover.

The average income is $ 41,218 and average home values are approximately $ 339,000. By California standards the average home price might seem a little low but the savvy consumer will get more bang for his buck by purchasing Sacramento foreclosure homes.

Parks around Sacramento are beautifully landscaped and offer something for everyone from sports enthusiasts to families to enjoy. Sacramento also features over 50 public golf courses and numerous libraries.

In Sacramento, foreclosure listings are available at your local real estate office or by online to research. The average home buyer may be able to purchase a home that's value is much greater than what they will pay. Many home buyers and investors alike are benefiting from purchases from the listings of Modesto homes in foreclosure.

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