Bakersfieldbubble
The Bakersfield Bubble Market
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Bakersfield Feb 2007 Numbers out - Prices down 5.1% YOY
11 comments from 9 users
1
posted by
Bakersfieldbubble
on Mar 23, 2007 at 02:44 PM
At least we are not Clovis, they are down 18% YOY. posted by
dusty1215
on Mar 23, 2007 at 02:45 PM
poor Clovis..that is a nice area up there.
posted by
redkernhero
on Mar 23, 2007 at 02:47 PM
When it gets to 25, buy!
posted by
anonymous
on Mar 23, 2007 at 11:23 PM
i agree
posted by
TomW
on Mar 24, 2007 at 12:31 AM
We'll see what happens over the next year as all of these loans start rolling over.
posted by
Christopherv
on Mar 24, 2007 at 01:21 AM
Prices may only be down 5% across the entire city housing market, but you would be better off - from a pure investment standpoint - owning property in Clovis, than owning in Seven Oaks. The average home price in Seven Oaks is down 26% YOY and the median home price has dropped almost 21% YOY there. At the same time the median home price in Rio Bravo Country Club is UP over 21% (they are building bigger more expensive homes now), while the average price per square foot at Rio Bravo is UP about 3%. To see how your neighborhood is doing you can go to trulia.com where comps are sorted and calculated by community. posted by
Christopherv
on Mar 24, 2007 at 01:23 AM
BTW, redkernhero, I have two properties in Seven Oaks (down 26%). Interested?
posted by
anonymous
on Mar 24, 2007 at 07:09 AM
The sky is falling, the sky is falling.....
Bakersfieldbubble boy, what do you do for a living???? posted by
anonymous
on Mar 26, 2007 at 10:57 AM
I saw in ad in Saturday's paper for a newer-looking house in Rosedale going to auction March 31starting bid $100,000.
posted by
BiddersSite
on Oct 24, 2007 at 10:50 PM
There are several homes up for auction on our site, BiddersSite.com all within 40 minutes of rosedale. Here in Michigan the housing market has taken a very bad dump, just see MetroDetroitForeclosedHomes.com and you can get a realtime list faxed to you of all the homes on the HUD list or Bank Owned in your city. Here in my neighborhood we have several selling up to 45% off what they were bought for two years ago.
posted by
TomW
on Oct 24, 2007 at 11:20 PM
Biddersite, hope your site is more timely than your blog comments. :)
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