These maps seem to conveniently leave OFF high end properties.  A friend of ours sold and closed on their 5365 square foot golf course house in Seven Oaks Grand Island Showcase for $1,925,000 over a month or two ago - another (tacky) one about the same size in Showcase (in a very bad location right next to the Pavilion/Grill/Pool) just sold for approx. $1,700,000.  

Home values in this area are down to about $350 a square foot now.  That's actually a very good deal considering the cost of the lots ($400-500K) and cost to build custom homes to the very high standard Castle & Cooke requires for homes in Showcase (where required landscaping costs $100,000, not to mention the 360 degree high end stone finishes, copper roofs etc. they demand).

If one had the money, this is a very good time to buy - especially for higher end homes!  Even if values only creep back up slowly at 5-10% a year, that's $75,000 -$150,000 a year profit on a $1.5 million dollar home!

None in Oildale proper, none in Alta Vista, none in College heights... hurtin time in Btown...gonna get worse and worse,

I've known for a long time that the figures reported by First American aren't complete.  I'm seen a lot of houses sell and watched the report only to have them never appear on the list.

It's very misleading.

That was in the 1950`s