Despite a sluggish year for home values nationwide, there are still some spots out West that are showing a strong return on investment.
Based on Zillow’s data for last October, national averages show home values increasing just 0.23% year-over-year, and about 38.5% over the past five years. GOBankingRates has blended Zillow’s data into a top-five list for each state, filled with cities where growth has been much more robust.
Take Paradise Valley, Arizona, for example. This town of about 13,000 residents has seen home values increase by nearly 100% over the past five years, including 10% just in the past year…