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Posts tagged ‘Stockton home prices’

8
Dec

California Home Prices Almost Double

California Home Prices in this city up approximately 92% in the last five years!

California Home PricesHome prices nearly doubled in this surprising California city

Source: The Mercury News
As home prices skyrocket across the state, there’s one California city where they’ve shot up more than
anywhere else in the U.S. nearly doubling in the past five years.
No, it’s not San Francisco, San Jose or Oakland. It’s not even in the Bay Area.
It’s Stockton, the Central Valley community twice dubbed America’s “most miserable” city by Forbes
Magazine because of its high rates of housing foreclosures, unemployment and violent crime.
The jump in home prices in Stockton and neighboring Lodi up about 92 percent over the past five years
is dramatic evidence of the ripple effects of the Bay Area’s tight housing market and the increasingly out
of reach cost of living here.

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