Wednesday, April 2, 2008

The real estate market in California has taken a nose dive, making Modesto 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 Modesto. Foreclosed houses are popping up all over.


Modesto's total population is estimated at 216,489. About one-quarter of the total population is over fifty and Modesto appears to be a haven for retirees with the growth rate of over fifty rising by 20.28% per year.

Modesto has 34 hospitals within a 30 miles radius and over 290 doctors' offices available making choosing health care providers a breeze. With the average age of many Modesto residents over 50, having diverse health care options readily available is a must.

Modesto's climate couldn't be better with 184 fabulous sunny days and only 13 inches of rain per year making this is the perfect hub for the warm weather lover.

The average income is $43,697 and average home values are approximately $ 330,000. 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 Modesto foreclosure homes.

The California Amgen Tour is a premier bicycling tournament with the top professional teams in the world competing in a race spanning 8 days and covering over 600 miles and Modesto has been selected as the host city for 2008! It comes to Modesto on February 20, 2008.

In Modesto, 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.

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