![]() So, if you’re considering selling your home, it may be a good time. Plus, rising rents and cheap mortgage rates are pushing more renters to consider becoming homeowners in many markets. In most of the U.S., real estate values have generally rebounded from the lows we saw in 2011. Spending $500,000 on a home in central Florida buys you a mansion on a lake, while you’d be hard-pressed to find something habitable for that price on the San Francisco peninsula. The median for the Orlando metro area is just $161,600. ![]() I relocated from central Florida to the San Francisco Bay Area in 2013, and am still experiencing real estate sticker shock!įor instance, according to, the median home value in the San Francisco metro area is $688,600. I’m sure you know that real estate markets vary drastically depending on where you live.
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