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![Homes on Perry Street in the West Village neighborhood of Manhattan](https://www.moneytalksnews.com/workers/images/width=1920/wp-content/uploads/2024/08/13101651/shutterstock_2275839269-scaled.jpg?s=514a836da24ea357da5542a836b8959dffb2bb1be2881c8651a92ee753ee6667)
As housing prices have soared, some markets have become so highly valued that they are now worth $1 trillion or more in total. Overall, the total value of U.S. homes from coast to coast sits at a record $49.6 trillion, according to a recent report from real estate brokerage firm Redfin. The total value has more than doubled in the past decade, up 120% since 2014. In some markets…
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