Even as California’s overall population shrunk, there was one city which doubled the people and doubled the housing over the last decade - and that was Lathrop, a suburban city about 10 miles south of Stockton.
Lathrop is poised to grow even more, with the city working with developers to build entire neighborhoods of for-sale homes.
Lathrop was the only West Coast city out of the 15 fastest-growing U.S. municipalities. Lathrop officials say they are in the process of building more than 18,000 single-family homes and 350 multi-family homes over about 20 years.
The city had nearly 10,400 homes at the beginning of 2023 and a decade ago it had only 5,700 homes.
City officials haven’t forgotten the infrastructure and amenities, either. They are planning four major developments which include new restaurants, schools, offices, and parks. So, keep an eye on this city as it could be the next up & coming area to invest in – be it as a new home owner or an investor!
Best,
Ken & Ari Walker - Your Direct Private Money Source
Husband & Wife Team
Phone: 707-708-0797 / Office: 1400 N. Dutton Ave #22 Santa Rosa, CA 95401
Ken: CA DRE Broker #01858042 / NMLS #1221130
Ari: CA DRE #01858152 / NMLS #2170867
Bio: Ken & Ari are a husband & wife team with over 30 years of combined real estate and private money lending experience. They like working with buyers & borrowers, as well as directly with other licensed individuals who have clients in need of fast & alternative financing, and who can benefit from Private Money mortgages. (Qualify for our financing despite DTI ratios, credit score, property condition, difficult to prove income, etc. on purchases and refinances for owner occupied & investment properties.)
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