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Americans’ Home Wealth Recovers $7 Trillion as Prices Firm

By Tony Seruga

Record home values from Charlotte to Dallas to San Francisco
Recovery helps offset stock market losses, aids consumers

In March 2014, Steven and Bernadette Doherty paid $183,000 for a two-bedroom home in Charlotte, North Carolina, $6,000 more than its appraised value. Today, similar houses in the neighborhood are being priced at $300,000 or more.

“We bought at the right time,” said Bernadette, a retired Wells Fargo & Co. information technology worker. “In retrospect, we were lucky as prices have gone up so much more.”…

Americans’ Home Wealth Recovers $7 Trillion as Prices Firm

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