.... California's departing homeowners typically use their substantial equity to fund their next real estate investment. Although some Seattle and Portland residents grumble about "Californication," the trend has helped keep home prices there rising, said Brian Kreick, broker for Lynnwood, Wash.-based Kreick Realty Group.

"I have clients from southern California who can't believe what they can get up here for the money," Kreick said. "I showed one guy a house in Redmond that was $830,000 and still needed a new kitchen. He thought it was a great deal." ...

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