The Great Recession’s impact on the housing industry has some people wondering if real estate is still a great investment. After all, home values fell nationwide. But as the saying goes, time really does heal all wounds.
If you look at real estate over a long period of time, home values have proven to be resilient. In fact, more than half of U.S. homes are now worth as much or more than they were at the peak of the national housing boom in April 2007! National home prices are expected to rise another 5.5 percent this year.