Californians plan exit strategies
Some simply can’t afford a home. Others own homes and are taking advantage of the strong real estate market to cash out and move to nicer homes in Nevada, Arizona, Texas, Washington, Oregon and beyond.
Ray and Sue Manzo have been told their Moreno Valley home could sell for $350,000. If all goes as planned, they’ll use the profits from the sale of their home to retire early and escape Southern California’s smog and rat race. Their eyes are set on a $190,000 3,200-square-foot home outside of Raleigh, N.C., where they plan to golf, grow their own vegetables and do ceramics.