Oakland revealed as joint worst housing market in America
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Home prices in Oakland, California have plummeted nearly 10 percent from this time last year, evaporating the equity owners spent years growing and sliding the housing market back to levels not seen in a decade. The average home value in Oakland is $716,248, down roughly 8.5% compared to last year, according to the most recent Zillow data from March. After adjusting for inflation, the real estate crisis is even more bleak — representing a year-over-year decline of more than $90,000 or about
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