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In the past year and a half, we’ve seen homes sell at astronomical prices, way above the market value. It’s been a housing market that, to say the least, has left many aspiring homebuyers with a bitter taste in their mouths. And while this occurred under extraordinary circumstances — during a pandemic that pushed people out of densely populated cities and into suburban homes and a time of record low interest rates — it’s left many people wondering: If homes are this expensive now, how much could prices rise in the future?

According to RenoFi, the average price of a single-family home in the U.S. could reach $382,000 by 2030. Depending on where you live, this figure may seem like a drop in the bucket compared…

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