Merced housing prices are growing the fastest in the Valley, report says. Here’s why

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According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And, And,

Analysis of the Modesto, California Housing Market as of July 1, 2004 5 Trade and transportation has been the fastest growing segment, consistently accounting for one-fifth of total employment. This industrial evolution in the HMA mirrors the nationwide shift to a service-based economy, but is also due in large part to the local

Merced housing prices are growing the fastest in the Valley, report says. Here’s why Walton Big Lake Development L.P. Reports First Quarter 2019 Fiscal Results

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Merced Home Prices and Home Values. The median home value in Merced is $257,200. Merced home values have gone up 11.5% over the past year and Zillow predicts they will rise 8.0% within the next year.

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that as housing prices skyrocket, more people are moving farther from job centers in search of cheaper homes, putting even more pressure on the region’s transportation arteries, as workers continue to.

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*Information for Merced County’s Housing Market Report was compiled by the California Association of REALTORS, with Multiple Listing Service (MLS) data for Merced County provided by CRMLS. CRMLS is the MLS vendor for the Merced County Association of REALTOR.