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All Forum Posts by: Account Closed

Account Closed has started 32 posts and replied 151 times.

Private Lending & Conventional Mortgage Advice

Post: When will prices drop in the Bakesfield, California area?

Account ClosedPosted
  • Investor
  • Bakersfield, CA
  • Posts 161
  • Votes 46

Bakersfield is known for being one of the cheaper mid-sized cities to buy in, in California.  However, prices continue to rise, even as the lack of water is causing surrounding farmland to be fallowed, and the price of oil has slammed to the ground.  

There is much job loss due to both items above, yet in certain areas, including SouthWest Bakersfield, the prices continue to rise.  Any idea why this is?

0 Votes