Throughout most of the country, starter homes show the greatest value for homebuyers. But not in the Bay Area where ALL homes are showing significant appreciation.
For examples, homeowners in the San Jose metro area who purchased in the lower third of the market saw a significant 18 percent return in 2017 while the high-end buyers saw a 18.9 precent increase.
Nationwide, starter homes appreciated 8.5 percent last year while those homes in the top tier saw a far more modest 3.6 percent return.
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