So we bought a tiny home in Oakland during the crazy 2021, bidding war to a $1.2m 100 year house near Lake Merrit.
Zillow says it’s decreased to $1.1M — and with our growing family, the rising crime and need for a bigger house is causing us to look at Walnut Creek and Pleasanton and other CC county suburbs. We also would like good public schools.
First question, is this exodus to the suburbs common for Oakland families — and if so when do most families move, middle school? We would like to not have neighbors constantly moving away.
Second, we have lost $100k in value, are things turning around with crime and will rebound in tech help our valuation? We’d ideally move within 2 years, or should we just try to move sooner and take the hit?