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Old 03-01-2010, 08:53 PM
 
77 posts, read 305,822 times
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Rob, that's what we think too after doing our numbers. Plus my husband got a good raise offered, so we have more room in our budget. From what we've seen so far online, there are plenty nice houses around $1500 that will suit us just fine. And we will still have plenty left to save some and have fun
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Old 03-01-2010, 10:39 PM
 
Location: So California
8,704 posts, read 11,136,048 times
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I would strongly recommend that after you arrive you look for a bargain or foreclosure to buy. The real estate market in the Sacramento/SanJoaquin Valley has over corrected, and real estate in certain areas is under valued. If you make a wise purchase you will make a good profit in the next 3-5 years. Once all the foreclosure activity has run its course and the economy bounces back, prices will increase. Thats how people in California afford housing, by buying and selling at the correct times.
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Old 03-02-2010, 01:53 PM
 
79 posts, read 343,518 times
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Quote:
Originally Posted by slo1318 View Post
I would strongly recommend that after you arrive you look for a bargain or foreclosure to buy. The real estate market in the Sacramento/SanJoaquin Valley has over corrected, and real estate in certain areas is under valued. If you make a wise purchase you will make a good profit in the next 3-5 years. Once all the foreclosure activity has run its course and the economy bounces back, prices will increase. Thats how people in California afford housing, by buying and selling at the correct times.
You have a good idea. A fringe benefit is their property taxes will be substantially lower than if they were to purchase after values begin to increase.
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Old 03-02-2010, 09:48 PM
 
Location: So California
8,704 posts, read 11,136,048 times
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^^thats true as well
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Old 03-04-2010, 11:18 AM
lgt
 
469 posts, read 1,343,407 times
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Quote:
Originally Posted by Majin View Post
$70k is near poverty level.
I strongly disagree with that. For years I managed to do alright on half that or less while supporting my wife when she was in collage. You certainly can live a modest lifestyle on or better in this area on 70K.
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Old 08-29-2010, 08:29 PM
 
77 posts, read 305,822 times
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Hello there,

I figured I give a little feedback, since maybe other people will have similar questions one day as we had.

We have been living here now for 4 months. All I can say is everything is great We are doing way well with our income here. We ended up moving and buying a house in Dixon. Granted we paid almost twice the price compared to our house in CO, which was just a little smaller, but much newer...but oh well.
I really can't see how someone could say living on $70.000 is near poverty level

We live in a very nice neighborhood and we found our utility bills for example, to be much lower than in CO. Also money for groceries goes much further here, if one is wise and does the shopping in the right places (LOOOVE Pedricks Farm shop). I find myself often times having plenty money left over from our grocery budget
I even started going for some classes to Davis and we can easily carve that money out every month.

We enjoy dining out about 2-3 times a month, we go places, we now and then go on a weekend get away somewhere within a 6 hour range.

All this is possible with our "poverty level" income of about $75.000 to 80.000...NO credit cards here

We love Dixon for its peaceful and green streets/neighborhoods. We wanted it small and so for now it suits us just right. Maybe in a few years, we would think about moving to Davis...it's a great small town.

Well, I hope our experiences so far will maybe help other people in the future. You can make it in CA...even on a poverty level income
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Old 08-29-2010, 08:35 PM
 
Location: Sacramento
14,044 posts, read 27,242,469 times
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Good, glad it all worked out well for you.

I always appreciate it when folks make the move and then provide some insights.
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