Tag Archives: housing market

Prominent economist warns of Central Valley housing bubble

Housing prices continue to skyrocket in Stockton, posting huge year-over-year increases. Inventory is running low, pushing prices even higher. The quick pace of our sudden recovery has been a boon to underwater homeowners and even the city which is now projecting higher than expected revenues thanks to a surge in property values. It seems like […]

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Who owns Stockton? Investors make up 46% of home sales over past six months

In recent months, Central Valley housing prices have rapidly improved. In particular, Stockton has posted double-digit percentage increases in home prices over last year, better than the national average. However, new research I have done with SCL shows that Stockton’s housing market appears to be heavily driven by investors, the majority of which reside outside […]

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