Double-Digit Growth in the Wild West: Is a Bubble Next?

Demand is forcing home prices out West to keep ticking up, even though the home-buying and -selling season is winding down, according to the September Zillow® Real Estate Market Report. Appreciation is highest in the San Jose, Calif., and Seattle, Wash., metropolitan areas, where prices have rocketed (in order) 10.3 percent, to a median $455,800, and 12.4 percent, to a median $1,052,500, year-over-year. Appreciation nationally is 6.9 percent, to a median $202,700.
Rents out West are also on