"Rising Home Values: More U.S. Cities Join the Million-Dollar Club"
Several once-modest California towns, including Placentia, Orange, Tustin, Bonita, Cerritos, and San Gabriel, have seen their median home values surpass $1 million due to rising housing prices and limited supply. Residents attribute the increase to factors such as limited undeveloped land, family-owned homes, and restrictions on new construction. Despite affordability challenges and traffic issues, these cities continue to attract residents due to their charm, diversity, and proximity to job centers, contributing to the ongoing surge in home values.
