Stockton has an inland port and is located on the large Delta recreational area. It is near lakes (including Tahoe), snow sking, gambling (indian casinos) an hour from San Francisco, beaches, and is affordable. It is swimming pool weather and has year-round beauty. If there is ever a boom in population, look for Stockton to gain momentum and be a magnet for new families looking for affordability and the American Dream. - Sun Aug 24 2008, 21:01
i understand you need to have an appraisal from Jan 08. Is this correct!?!? I thought all you needed were some comps to prove the assessment was wrong! - Fri Aug 15 2008, 17:05
My answer would be that due to the extremly high forclosures, many are renting. However, it is NOT a hot rental market since commuters are moving back to their working communities (bay area) due to the cost of gas. When adding the added gas and Air Conditioning bill to a Stockton rental, most are realizing that the commute is out of the picture (even if you account for the price of ACE). People don't move out to Stockton to rent. There is a reason why there is such a large number of empty homes: no renters to fill them!!
Would the local market support an increase demand in rentals? There is nothing fueling that right now-- no new job creations (higher unemployment then most vicinities) or other factors that I know of! However, if one is chasing the "American Dream" of affordable home ownership, Stockton is the place! Historic low deals!! I lost over 50% on my house alone! - Wed Jul 30 2008, 17:20
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.