California's fastest-growing city is now majority Asian

[Auggie]

6. Walnut Creek zip code 94595 was recently in the news too ...

From the Chronicle:

Home values in the 94595 ZIP code on the south side of Walnut Creek grew 0.8% from May 2022 to May 2023 — the only one to show year-over-year growth out of all Bay Area ZIP codes with significant home sales in the last year and a population of at least 10,000 people, according to data from real estate listings site Zillow.

Prices in this ZIP code have stayed steady since the beginning of the year and even increased some, inching closer to the home value peak from last summer. Typical home values there reached an all-time high of $770,000 in July 2022; at the end of May, they stood at $768,000.

The main reason for this increase is the lack of inventory — a common situation nationwide, said Antonia Quanstrom, a Realtor with Coldwell Banker who lives in the ZIP code.

https://www.sfchronicle.com/realestate/article/walnut-creek-home-price-18183652.php

Link reports the lack of inventory is because a lot of homeowners refinanced in 2020-2021 when interest rates were around 3%. They're reluctant to give up those low mortgage rates and are instead remodeling and adding additions.

I like Orinda. Had friend who lived there. Amazing house on a ridge with views that didn't quit.