“I agree!!! Yet, how come Zillow, nor a buyer’s Realtor, appraiser, or mortgage lender advise prospective buyer’s on the importance of timing? I’ll tell you why. It’s because they don’t get paid anything unless you BUY!!! Might this be why Nobel Laureate Shiller constantly says that U.S. homebuyers are irrational? I am building an application to help prospective homebuyers make more rational decisions about buying a home, with a mortgage.”, Mike Perry, former Chairman and CEO, IndyMac Bank

Here’s where the nation’s luckiest home buyers live

By Zillow

By Lauren Thompson, Zillow

When it comes to purchasing a home, timing really is everything. Some recent buyers have been extraordinarily lucky, with home values that have roughly doubled in as little as four years. When the real estate bubble burst, they bought at the lowest point in their local markets.

Zillow analyzed cities with populations over 50,000 and found the luckiest home buyers in America — those who bought in the right place at the right time and have now seen the highest appreciation growth on their homes. The analysis tracked home purchases beginning in January 2006.

Here are where the luckiest home buyers in America live, and when they purchased their homes