Despite negative news stories claiming California is in crisis with its recent wildfires, high unemployment rate, large number of homes in foreclosure, and political predicaments, it’s still a great state in which to live, work, and play.

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The median price of an existing, single-family home in California rose for the seventh consecutive month in September to $296,090, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ most-recent sales and price report. Home sales also increased in September, rising 2.1 percent compared with August. If home sales maintain their current pace, 530,520 units will be sold in California in 2009.

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