Salinas California is located between San Fransisco (120 miles to the north) and Los Angeles (just over 300 miles to the south). Dotted throughout this beautiful valley are the towns of Chualar,King City ,Castroville, Salinas, Gonzales, Greenfield and Soledad. One of the appealing things about living in this region are the mild temperatures that are experienced throughout the year, not to mention living near some of the best coastal landscapes on the planet.
The other factors to take into consideration when investing in real estate in Salinas California are the following:
1. Salinas Valley is really in an ideal spot, (almost) centrally located to some fantastic destinations and attractions, that make living in this area a treat for the whole family and not just a financial opportunity to invest in . Add that to the he timeless beauty of the Salinas landscape itself and you have a very pleasant and comfortable place in which to live.
2. To consider the type of climate that Salinas has to offer then one only has to look at what the independent ‘Cities Rated and Ranked’ information book had to say, which voted Salinas as having the best climate in the US and Canada.It is not unlike a Mediterranean climate in the summer months.
3. Another advantage of buying real estate in Salinas California is that the entire community has a very strong mini-economy through its prosperous local agricultural industry, partly bought about by the fact that the area has some of the most productive and richest farmland in the entire country.
4. Salinas is really the hub of the area with many shopping malls, an auto center and other antique and boutique shops that help to complement the other available services in the area. Not to mention the strong sense of community spirit that flows through the area as well as an almost never ending community event calender.
Now we have some sort of picture of what this mini paradise looks like, lets take a brief view of the housing situation.
The average price for a single family home in Salinas is around $550,000 as compared to just over $600,000 for the county as a whole.There is fairly low (and understandably so) residential vacancy rate of about 3.5% and there is slightly over 40,000 homes in the area.
It may be an idea to try renting for a short time in Salinas before you decide to buy.You will be pleased to know that there are still modest rentals available and at reasonable rates. For example one might be able to rent a studio apartment from $600-$800 with prices rising slightly for a 3 bedroom home to about $1,000-$2,000.
Another good plus for the area is the excellent Housing Trust Fund which has been established to help low income earners, the elderly and also other groups of less fortunate individuals which now have an opportunity for home ownership which is now closer to being more of a reality than just a dream.
These points just tend to reinforce the idea of investing in real estate in Salinas California and you certainly would find it hard to pressed to find an area with a stronger community spirit which just adds to the appeal of settling here.
Rob Hillman is a Salinas California Real Estate enthusiast. For more information on Real Estate in Salinas California please visit http://centralcoastcaliforniarealestate.info/real-estate-in-salinas-californi/
[tags]real estate in salinas californi,real estate in salinas california[/tags]
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