Current Market Condition and Outlook Bakersfield 2016

[Roger Leonard]

So, I am located in the LA/OC area and thinking of investing in a SF home or two in the North or Southwest area of Bakersfield. The market seems to have recovered within 20%-25% of the 2006 peaks according to what I can tell (just my guess), while LA and OC have fully recovered in most areas to that 2006 peak (another guess from what I see). I am very interested to hear what you local investors think of the current BF market currently and moving forward. Also, any things you have noticed or believe I should consider. Last, what is your take on the slowdown/loss of the oil jobs and how that has affected the market. Your thoughts and opinions on anything to do with the BF market are greatly appreciated.