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Kern County Bakersfield CA Real Estate Housing Market Decline

By
Real Estate Appraiser with Anzaldo Real Estate Appraising

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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Fernando Herboso - Associate Broker MD, & VA
Maxus Realty Group of Samson Properties - Clarksburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

3%? . .do you mean that if I have a $350,000 home in Bakersfield. . I'm losing $10,000 per month?

Apr 08, 2009 10:35 PM
Efrain Bobadilla
Re/Max Golden Empire - Bakersfield, CA

Tha's about right, I bought my home for $450,000 and now is worth about $275,000 if I'm Lucky

Dec 20, 2009 03:54 AM