California
This Northern California city is the top U.S. destination among homebuyers looking to relocate
A “For Sale” sign in front of a home in Sacramento, California, US, on Monday, July 3, 2023. The Mortgage Bankers Association is scheduled to release mortgage applications figures on July 6. Photographer: David Paul Morris/Bloomberg via Getty Images
SAN FRANCISCO – New figures show that nationwide, Sacramento was the most searched-for destination among homebuyers looking to relocate, while San Francisco was home to one of the top cities that homebuyers were looking to leave.
Migration trends identified by residential real estate brokerage Redfin also showed that California was the top state homebuyers searched to leave.
The top states people searched to relocate to included Florida, Arizona, and North Carolina.
The analysis covered the period from February to April of this year and was based on a sample of some 2 million Redfin users who searched for homes across more than 100 major U.S. metro areas, the company said. Those included in the dataset viewed at least 10 homes for sale in a three-month period.
Year-over-year declines
Redfin’s latest figures also show a year-over-year decline in home prices in six of the nine Bay Area counties.
By the numbers:
Alameda County saw the biggest drop of 4.3% with a median home price of $1,167,500.
Contra Costa County saw a similar decline at 4.2%, though its median home price was much lower at $829,000.
Solano (-1.6%), Napa (-1.1%), San Mateo (-0.89%), and Marin (-0.4%) counties also saw year-over-year declines, though there were large differences in their median prices.
Solano County had a median of $575,500.
Napa County’s median was $920,000.
San Mateo County had a median of $1,665,000.
Marin County’s median was $1,543,750.
Year-over-year increases
San Francisco saw the Bay Area’s biggest increase from a year ago at 3.9%, with a median of $1,455,000.
Santa Clara County’s increase was 3.6%. The county also had the highest median home price in the Bay Area at $1,750,000.
Compare that with Sonoma County, with the lowest median in the Bay Area of $828,353. The county saw an increase of 1.4% last month from a year ago.
Dig deeper:
Other notable findings showed that Sunnyvale was the city with the fastest growing sales price in all of California, with home prices up almost 30% compared to last year.
Sunnyvale’s median price was $2.3 million last month, according to Redfin.
Berkeley had the fourth-fastest sales growth, up almost 20%, putting the median at almost $1.6 million.
Danville also made the top 10 list of California metros that saw a jump in sales prices.
In seventh place, the Contra Costa County city had a 15% spike in the sale price compared to last year. It also saw a nearly 15% decline in the number of homes sold.
Danville’s median price was $2.3 million.
Bay Area cities identified as ‘most competitive’
The Bay Area took every slot in Redfin’s list of top 10 “most competitive” cities in the state.
SEE ALSO: Homebuyers need to make more than $400K in this Bay Area region to afford the ‘typical’ home, analysis finds
The real estate company compiled its list based on the most homes that received multiple offers, often with waived contingencies. Redfin then scored the cities on a 0 to 100 scale.
The metros deemed “most competitive” fell in the 90-100 range.
Top 10 Most Competitive Cities in California
1. Santa Clara
2. Sunnyvale
3. Alameda
4. Daly City
5. Livermore
6. Mountain View
7. Berkeley
8. Danville
9. Castro Valley
10. San Ramon
(Source: Redfin)
State Farm Insurance one step closer to raising rates
A court ruling on Tuesday clears the way for State Farm Insurance to move forward with significant rate increases for homeowners and renters. Homeowners would see an average 17% hike, while renters and condo owners would see prices increase an average of 15%. We spoke to industry expert Karl Susman for his analysis on the situation.
California
California officials facing backlash in aftermath of Palisades fire one year later | Fox News Video
California
California Rep. Doug LaMalfa has died at 65
-
Now Playing
California Rep. Doug LaMalfa has died at 65
00:28
-
UP NEXT
Couples wait overnight to secure wedding spots at Oregon parks
01:00
-
Trial over officer’s response to Uvalde shooting begins
00:23
-
Israeli airstrikes hit multiple sites in Lebanon
00:27
-
Attack on power lines leaves Berlin in outage for days
00:27
-
Lego announces new ‘Smart Bricks’
00:16
-
Trump mentions Maduro dancing while praising raid
00:35
-
Capitol Hill marks five years since Jan. 6 riots
00:23
-
Boston Dynamics unveils humanoid robot Atlas
00:21
-
Lawsuit claims McDonald’s McRib uses no real pork ribs
00:22
-
Corporation for Public Broadcasting to shut down
00:22
-
Justice Department still reviewing Epstein documents
00:32
-
Venezuelan police open fire on unidentified drones
00:18
-
Monkey caught on camera rampaging through a music store
00:29
-
Trump ‘deserved’ Nobel Peace Prize, Machado says
00:58
-
Man arrested after damaging Vance’s home with hammer
00:37
-
Sen. Mark Kelly calls Pete Hegseth ‘unqualified’
00:40
-
Pentagon seeks to reduce Sen. Mark Kelly’s rank
01:02
-
Deputy attorney general defends Maduro arrest legality
02:04
-
Wegovy weight loss pill is now available in U.S.
01:15
-
Now Playing
California Rep. Doug LaMalfa has died at 65
00:28
-
UP NEXT
Couples wait overnight to secure wedding spots at Oregon parks
01:00
-
Trial over officer’s response to Uvalde shooting begins
00:23
-
Israeli airstrikes hit multiple sites in Lebanon
00:27
-
Attack on power lines leaves Berlin in outage for days
00:27
-
Lego announces new ‘Smart Bricks’
00:16
Nightly News
Nightly News
Nightly News
Play All
California
One Of California’s Wealthiest Suburbs In 2025 Has Small-Town Charm And A Fun Social Scene Outside LA – Islands
Coto de Caza in Orange County, California, about an hour south of Los Angeles, may not be a household name. But viewers of “The Real Wives of Orange County” might recognize the wealthy, gated residential community as the former home base of the glitzy Bravo reality series. While stars of the show — currently in its 19th season — now live in other affluent areas, the imagery of Coto de Caza is still appealing for those contemplating a luxurious move. Coto boasts a private setting where high-profile celebrities, executives, and wealthy professionals live amid abundant open space, well-regarded schools, community events, a family-friendly atmosphere, and easy access to the county’s bounty. Indeed, in this well-to-do development of about 15,363 people, where the mean household income is $232,470 (more than double the state’s average), the most recent median list price of a single-family home was $2 million. There are splashier compounds in Coto, including the late real estate mogul William Lyon’s home selling for $125 million, which includes 20 bathrooms.
These prices are a long way from the area’s humble origins of barley fields and grazing sheep, according to the Los Angeles Times. Once a private hunting lodge, the area’s first homes were built in 1975, eventually transforming into a 5,000-acre master-planned community with about 4,000 homes and condominiums. Nestled against the Cleveland National Forest and just east of the SR 241 toll road, Coto de Caza strives to offer residents not just a home, but a lifestyle. Recreation is never far with area baseball fields, basketball courts, volleyball courts, parks, and picnic areas. Outdoor pursuits continue at the adjacent Thomas F. Riley Wilderness Park, a 544-acre wildlife sanctuary filled with groves of Western Sycamores and Coast Live Oaks and five miles of trails for hiking, biking, and horseback riding.
Golf and mingle
A big attraction to the development is the 36-hole Coto de Caza Golf & Racquet Club, a central hub offering youth summer camps for kids and social events like trivia nights, comedy nights, and brunch with Santa. A yearly social membership can cost $2,880 with $180 in monthly dues. A golf upgrade can hike the initiation fee up to $30,000 with $750 monthly dues. Joining the club is optional, but your monthly Homeowners Association (HOA) fees aren’t. Those range from $300 to $475, and cover 24-hour manned guard gates, daily patrols, and landscape maintenance of common areas. A cheaper ticket to fun is connecting with neighbors for poker nights, movie screenings, and monthly mixers.
This is a neighborhood where you can stay put for your child’s entire education. Parents send their kids to top-notch schools, including Wagon Wheel Elementary, Las Flores Middle, and Tesoro High, in the Capistrano Unified School District, all within a short 2.5 to 5.5 mile drive away. Grocery shopping also is fairly close, about 10 minutes to Rancho Santa Margarita stores such as Ralph’s and Trader Joe’s. To really shop, like at Bloomingdale’s and Gucci, the Valhalla of retail — South Coast Plaza — and the vibrant arts city of Costa Mesa are just a 30-minute drive. Plus the glorious Pacific Ocean is about 17 miles away in breath-taking Laguna Beach.
Coto de Caza’s charms are many. A few cons to keep in mind: With a location about 10 miles inland from Interstate 5, Coto de Caza is more remote so commutes may take longer; busy professionals need their shut-eye so nightlife peters out by 9pm; and wildfire risks mean finding insurance can be a challenge. For a buzzier locale, check out the iconic coastal escape of nearby Newport Beach.
-
World1 week agoHamas builds new terror regime in Gaza, recruiting teens amid problematic election
-
News1 week agoFor those who help the poor, 2025 goes down as a year of chaos
-
Science1 week agoWe Asked for Environmental Fixes in Your State. You Sent In Thousands.
-
Business1 week agoA tale of two Ralphs — Lauren and the supermarket — shows the reality of a K-shaped economy
-
Politics1 week agoCommentary: America tried something new in 2025. It’s not going well
-
Politics1 week agoMarjorie Taylor Greene criticizes Trump’s meetings with Zelenskyy, Netanyahu: ‘Can we just do America?’
-
Health1 week agoRecord-breaking flu numbers reported in New York state, sparking warnings from officials
-
Detroit, MI4 days ago2 hospitalized after shooting on Lodge Freeway in Detroit