It’s based on Moody’s information. As for San Diego appreciating 9.3% over 30 years vs. Georgia’s 4.9% that does sound correct (maybe the numbers do not indicate the “bubble” territory). But those numbers are probably only valid if you keep the house for 30 years, which may or may not happen.
Georgia is a real nice appreciating market right now, because of all the people fleeing Florida, so the prices might approach a bubble in a few years. Maybe.
The Denver real estate market has been terrible for the last few years, but it’s been seeing a lot of activity. Certainly you can pick up foreclosed homes in Denver real easily. There are certain signs that say that it has maybe one more year of bottom, and then it will start going up.
Depending on your capabilities and situation, if I were you, I would buy a four-plex and live in it. This method will allow you to access all sorts of tax deductions, as well as reaping the benefits of appreciation and cash flow.
