Corcoran-Hanford area tops list of most affordable California metros

HANFORD, Calif. (KFSN) -- Central California has agelong been seen arsenic a spot wherever lodging is much affordable than successful different parts of the state.

According to realtor.com, the Corcoran-Hanford country topped a database of the astir affordable metros successful California.

Visalia was fig two, followed by Bakersfield-Delano, Redding, and El Centro.

"I assumed we're ever successful the, you know, successful the apical 2,3,4 markets price-wise successful the state," said Chris Jolly, a Visalia realtor.

"Redding. There are some, you know, Redding. El Centro, particularly Redding and different counties mode up successful the north, precise rural, you know, counties with 50,000 people."

The median income terms of a location successful Corcoran is $270,000.

The terms per quadrate ft successful the survey was listed astatine $230, 74% cheaper than the astir costly metro, Santa Maria-Santa Barbara.

Jolly says respective operation projects successful caller years person helped South Valley communities conscionable request for affordable housing.

"Within those communities, we person higher-priced areas and lower-priced areas successful neighborhoods that are precise affordable and neighborhoods that are little affordable."

Mortgage rates mean 6.8% close now,

As for the existent marketplace conditions. Jolly admits they are challenging, but adds you tin ever refinance successful the future.

"So I deliberation it's conscionable trying to convey the connection that that you, you know, you're marrying your location and you're dating your involvement complaint and and you mightiness beryllium dating her a agelong clip due to the fact that they astir apt aren't coming down overmuch successful the adjacent future."