Oakland’s rapid business growth – Uber etc. – and the continuing boom across the Bay in San Francisco, leads Zillow in their Home Value forecast to predict big gains for Oakland neighborhoods in 2016 as reported in the San Francisco Business Times.
With the San Francisco housing market still extremely expensive more and more will look east to live.
Zillow is forecasting the following home value growth for these Oakland neighborhoods:
- Jefferson – 8.8 percent
- Fairfax – 8.4 percent
- Arroyo Viejo – 8.1 percent
- Old City, Oak Knoll-Golf Links, & Havenscourt – 7.4 percent
- Cox – 7.2 percent