The fact of the matter is this, IMHO: Even if you bought a wildly inflated home in Southern California (or most anywhere - but they have fairly consistent longterm value increases) at the very peak of the 2007/8/9 market, that house would be a bargain if you bought it today at that price.
I suspect that is the case in the majority of localized areas throughout the nation.
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Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current
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