In Move.com’s latest infographic, Oakland is one of the west coast’s top housing market where there are signs of recovery. There is an overall average of 7.07% increase in listing prices. But keep in mind, this also takes into consideration highly distressed areas where there are homes in poor shape in sub $100k price ranges. In actuality, I am seeing home price sky rocketing right now with many investors buying homes in need of dire repairs and turning them around to where they would qualify for traditional financing. Everyone is a winner in this market! Sellers are selling and many first-time buyers are realizing NOW IS THE TIME TO BUY!
