The answer to that question depends on what market you’re talking about.
Some markets are showing the characteristics of a Bubble. Over the last 10 years, real estate values in these markets have climbed faster than fundamentals like income and population growth. Those looking to buy homes or invest in real estate should tread cautiously in places like Las Vegas, Denver, Dallas, and Detroit.
Meanwhile, other markets – such as Raleigh, Jacksonville, Seattle, and Columbus – present much stronger investment fundamentals relative to real estate values.
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