Metropolitan Statistical Area (MSA):

Modesto, CA

Modesto, CA is a Metropolitan Statistical Area (MSA) comprising counties including .

Housing Market Trends in the Modesto Metropolitan Statistical Area

There is no doubt that Modesto, CA is a great place to live. The weather is perfect for those who love the sun and the city has a lot to offer in terms of amenities and activities. However, like any other city, there are certain trends that impact the real estate market. Here is a look at some of the most notable trends impacting Modesto's housing market:

1. The rise of millennials: As more and more millennials enter the workforce, they are also looking for places to call home. This has led to an increase in demand for rental properties and starter homes in Modesto.

2. The popularity of suburban living: With the high cost of living in California's major metropolitan areas, many people are now looking for suburban alternatives like Modesto. This has led to an increase in demand for single-family homes and townhomes in the area.

3. The growth of the tech industry: The Silicon Valley area is not too far from Modesto and this has led to an influx of tech workers looking for affordable housing options outside of the expensive Bay Area. This has helped to drive up prices for both rentals and sales properties in Modesto.

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