Is Oakland a good place to invest in real estate?
Is Oakland a good place to invest in real estate? The Oakland real estate market has enjoyed a great run since the end of the last recession. On its own merits, the local housing sector not only recovered but also thrived. However, the city’s proximity to San Francisco took an already good situation for investors and made it a great one.
Is Oakland real estate going down? The average sale price of a home in Oakland was $920K last month, down 4.2% since last year. The average sale price per square foot in Oakland is $662, down 1.2% since last year.…
Is Oakland a buyers or sellers market? Oakland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Is a Bay Area home a good investment? Despite high prices and tight inventories, the Bay Area remains a strong market for real estate investors. The Urban Land Institute ranked San Jose and San Francisco among the top 20 meters in real estate exploration, citing a growing local economy, a young workforce and a long-term sustainable market.