Mark Twain's adage, "Buy land, they're not making it anymore," highlights real estate's intrinsic value, which has fluctuated significantly over time, especially post-2008 crisis.
In today's market, despite a slight cooling, some areas see property values skyrocketing, prompting questions about sustainability and whether a bubble is forming.
Reflecting the past housing boom of the 2000s, current homeowners must consider options for leveraging their property’s rapid appreciation without being overly optimistic.
The Case-Shiller Index shows that while national appreciation averages around 4.8% annually, certain markets are experiencing much higher rates, leading to concerns over potential market correction.
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