Tour the obscure California city that’s suddenly the hottest housing market in America

vallejo california hottest housing market 6017Melia Robinson/Business Insider

Vallejo, California, a small city across the bay from San Francisco, was named the hottest housing market in America by Realtor.com in June.

It’s the last place that many Bay Area locals might expect to take the title. Vallejo, which briefly hosted the state capital between 1852 and 1853, became the largest city in California to declare bankruptcy in 2008. Its reputation for crime and squalor has previously landed the “Up Bay” city on Forbes’ list of most miserable cities and Newsweek’s list of dying cities.

But Vallejo is making a comeback as young professionals get priced out of San Francisco and Oakland and search for affordable housing in the far reaches of the Bay Area.

I recently spent the day in Vallejo to see how a downtrodden city became a top real-estate destination in less than 10 years.

When I boarded a Vallejo-bound ferry, I expected to find a hipster enclave complete with artisanal coffee roasters and yoga studios on the other side.

Melia Robinson/Business Insider

Vallejo is 30 miles north of San Francisco, but for many city residents, it might as well be a world away.

Google Maps

Vallejo residents who commute to San Francisco have the option of driving up to two hours in rush-hour traffic or taking a 30-minute ferry to the Embarcadero in the city.

A round-trip ticket on the San Francisco Bay Ferry costs $ 28, but commuters can purchase a monthly pass for $ 345, which saves riders $ 200 if they make the trip five days a week.

When I walked down the streets of Vallejo, I found it wasn’t the gentrified urban playground for tech workers that I expected.

Melia Robinson/Business Insider


See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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