Unfinished House and Unsold House on Same Street
About a year later, not only is this unfinished house still not completed in Lake California, but the only other house, a large and completed house, on the same cul-de-sac street has remained unocuppied since the day it was built. I took this picture because it was a great line of sight of what happened when the housing bubble burst.
I'm expecting that because of the sheer number of houses still unoccupied in Lake California that the housing prices will again drop another 10 to 20% over the coming year. Because we are somewhat on the outer fringes of the Redding metro area, I don't expect to be see much upward rental price changes.
