According to a quarterly report from Red Oak Realty, home values in Berkeley will benefit from declining inventory levels and the city’s growing population of high-tech employees, some of whom are heading to the East Bay because of high prices elsewhere in the Bay Area.
- Techies that live in Berkeley but work in San Francisco can commute back and forth via Transbay or BART.
- High home prices in San Francisco and the peninsula are driving more buyers to East Bay markets like Berkeley and Oakland.
- North Berkeley, Berkeley Hills and South Berkeley are the city's top neighborhoods for sales activity.
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