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Single family homes values peaked 2000, dropped 2008 Alameda County CA
In Alameda County CA , I was under the impression that market values peaked in the mid-2000s. Actually, the highest percent increase in market values actually occurred in 2000. Here are the cities with the highest appreciation in 2000: Emeryville 33% Oakland 33% Union City 33% Fremont 32% Newark 30% San Leandro 30% And the cities that fell the hardest in 2008 and 2009: Hayward -25% Oakland -22% San Lorenzo -22% San Leandro -18% Newark -18% Emeryville -16% Union City -16% The cities that suffered least decline in market values in 2008 Albany -4% Berkeley -7% Alameda -8% Pleasanton -8% Fremont -9% Piedmont -10% And showing signs of recovery in 2012 Emeryville 7% Berkeley 6% Hayward 6% Oakland 6% What does this mean to the prospective buyer? And how should a home seller use this information to ... more
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