So, the local paper reports a local factory is closing. The company is Baltimore Aircoil.
They say they might be offering some of the existing employees jobs at their other locations.
One of these locations is Madera, CA. The closing plant is in Paxton, IL, and my wife's first comment was that the people from Paxton were going to be surprised at the cost of living in California.
I agreed, but then checked myself. I didn't know where Madera was, so I started searching.
Hmm, smack dab in the center of the state, apparently.
So, how about housing? Here's 245 listings between $75K and $125K. It looks like ~60% of home sales in December in Madera were foreclosures.
Anything anyone would want?
4 bedrooms, 2 baths, 2 car garage, built in 2006, for $89,900.
I think some of those people from Paxton, IL might be able to do OK in Madera, CA. Odd, but true.
Posted by dglynn at February 27, 2009 06:54 PM | TrackBack