KPIX KPIX 5 News At 600PM August 1, 2017
Property taxes from the Housing Market crash. Foreclosed homes are partially responsible for vallejos decision to file bankruptcy in 2008. I do think the bans raeps did bankruptcy did put a dark cloud over the city in general, and really declining what it is. Reporter the home we showed you foreclosed and resold for just 80,000 in 2013. It is now worth more than triple that. I am not surprised, and i am certainly hopeful that we will see housing and housing opportunities really rise to this occasion. Reporter the average price of a home here in vallejo is currently 385,000, if you compare that...