According to the latest Zillow Real Estate Market Report, although home price averages dropped 6.5% in Redding in the second quarter of 2008 compared to the second quarter of 2007, this was a much lower drop than the national average of 9.9% during the same period. What this shows is that although home prices dropped, they dropped more throughout the nation than Redding which helps to show that even though we are around the corner from Stockton, the nations #1 city for foreclosures, that we still have managed to beat the national average.
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