The pandemic has changed an incredible amount of how we interact, work and live, but one of the greatest shifts we’ve seen is in the housing industry. Metropolitan areas have become dehydrated as people have fled for more open spaces. That being said, some cities have seen more growth than others. By percentage growth, here are the top five fastest growing cities in California:
- Dublin, CA: 58%
Matching the description of desirable locations within pandemic times is suburban city Dublin. Located in the East Bay area of Alameda County, California, it is known as the “crossroads of the San Francisco Bay Area.”
- Imperial City, CA: 37%
Imperial City is located off the 8 freeway just north of El Centro and the Mexicali border. The imperial valley economy is largely based on agriculture, and is also considered one of the safest towns in California. It’s no wonder that it’s grown in popularity over the past year.
- Rio Vista, CA: 36%
Located in the Sacramento River Delta region of Northern California sits Rio Vista. It is widely known as hosting the largest natural gas field in California along with providing bustling agriculture, manufacturing and tourism industries.
- Menifee, CA: 32%
Menifee is part of Southwest Riverside County, just several miles north of popular wine country Temecula. It is known for its open space and majestic mountain views, however it is one of the fastest growing cities in the U.S. which may drastically alter its ample space in years to come. It is an ideal neighborhood for families and retirees due to its many parks and above average public school ratings.
- Oroville, CA: 29%
Oroville, California is situated in the upper Sacramento Valley at the base of the Sierra Nevada mountain foothills. It’s a beautiful city with fantastic recreational activities such as Lake Oroville and wildlife areas nearby. Its nickname is “City of Gold” for its place as one of the first gold mining sites in California during the Gold Rush. Today, it’s home to vocational schools and families looking to escape the Sacramento and San Francisco metro areas.
While there are other quickly growing communities throughout the state, some overlying commonalities are the open spaces and suburban feel of each city. The shifts in home buying trends over the past year have changed the courses of many industries and ubiquitously shaped a new normal.
If you are looking to move to a new neighborhood in California and would like to better understand your financial options, give us a call at (760) 930-0569 and one of our loan officers will assist you.