In recent years, there has been a noticeable increase in Korean families shifting their focus from the lowlands of Southern California to the High Desert. Among these areas, Victorville has consistently been mentioned due to the expansion of the logistics industry.

Within Victorville, there are clear price differences between neighborhoods. The gated community of Spring Valley Lake, which is located by a lake, appears to have the highest price range in Victorville, with homes selling between $450,000 and $550,000. The Green Tree area typically sees prices between $350,000 and $400,000, while properties near Old Town tend to trade in the range of $300,000 to $350,000.

Recent trends indicate that Spring Valley Lake continues to experience a gradual increase in prices, while the area near Old Town is seeing prices stabilize as inventory increases. From my long-term observation of this market, this trend is not significantly different from the patterns that the High Desert region has repeatedly experienced.

From an investment perspective, areas near the Southern California Logistics Airport are gaining attention. The ongoing establishment of large warehouses and manufacturers is creating more related jobs, which could naturally lead to increased rental demand. Discussions regarding the expansion of the 15 Freeway are also seen as a factor that could improve accessibility in the long term.

In terms of rental yield, Victorville is relatively attractive within Southern California. Considering the rental rates compared to the low purchase prices, there are cases where total returns of around 6% are achieved, making it appealing for investors focused on cash flow compared to areas near Los Angeles.

However, due to the desert climate, there is a significant burden of electricity costs during the summer, and the risk of longer vacancy periods exists due to the longer commuting distances. The ongoing supply of new homes could also lead to concerns about oversupply, so caution is advised.

Korean households may want to consider the following points:

• If reducing housing costs is prioritized over school districts for children, Victorville could be a realistic option.
• If the goal is rental income, areas like Green Tree or near Old Town may offer better yields than Spring Valley Lake.
• It is advisable to check factors such as distance to work and summer electricity costs in advance.

From my long-term observation of this market, Victorville seems to be a more suitable area for investors seeking stable rental income rather than short-term capital gains.