Oakland’s housing market is seeing some of the steepest price declines in the country, with home values falling sharply as sellers, buyers and real estate agents navigate a difficult market.
New data from real estate company Zillow shows Oakland home values have dropped more than 11% over the past year, adjusted for inflation, tying the city with Cape Coral for the largest decline in the nation.
The typical home in Oakland is now valued at about $716,000, according to Zillow…