Per DQnews.com, property values in the City of Bakersfield has declined -45.63% in the past 12 months from Feb. 2008 to Feb. 2009. A typical monthly decline can be estimated at approximately 3% per month depending on the location of the property in Bakersfield, CA. It appears the housing market in Bakersfield, CA has hit rock bottom. What do you think of the Bakersfield, CA Housing Market? For more information about lowering your property taxes in Bakersfield, CA or the current housing market trends feel free to check out my local real estate appraiser websites www.kerncountyappraisal.com or www.getnorthstar.com.
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3%? . .do you mean that if I have a $350,000 home in Bakersfield. . I'm losing $10,000 per month?
Yes. The Bakersfield, CA Real Estate Housing Market has declined 45% in the past 1 year.
Hi- I'm researching Bakersfield and wanted to know what changes you've seen over the past 3 months (since your posting). Have you seen indications of a bottom of the market? I mean, this drop must have slowed some and I would think the investors would be circling the waters.
I came to the blog when I was searching for "housing market blog". Really the blog is informative to me as I am a regular blog reader. Thanks for writing such type of blog.
http://theproperty.blogstream.com/v1/pid/412936_With-More-no-of-Buyers-Housing-Market-is-Making-a-Come-Back.html