That zip got hammered in the financial crisis, but is coming back nicely.

I mostly bought in the post financial crisis For last year or so, I have been busting my rear to find a deal to flip in the D/M/V area, without much luck.

When articles about Reno's housing crisis appear in the Wall St Journal, you know the secret is out. 

If you follow that rule, you have hope of NOT getting into a mess.Also, because I follow these extreme rules, I have not had any issues with Partners for the last 2 Decades.However, there's be plenty of times I have been contacted by Class Action Lawsuits that had litigation against Public Corps and even Banks, especially for mortgage fraud like what happened in the Crisis.

US City-By-City Home Price Levels — Gains from Crisis Lows, Distance from Bubble Highshttps://www.bespokepremium.com/think-big-blog/us-c...

(Yes, I realize I got spoiled during the foreclosure crisis.) 

I have had 3 homes before but filled Chapter 13 during the housing crisis and released 2 and then the 3rd house in 2012.

So life has been good since the mortgage crisis doldrums.  

Since 2009 some condos have appreciated spectacularly well  as they were "oversold" in the financial crisis.* Condo operational costs could well be less due to less land, exterior area per entity.

In 2007 I began construction of a new home, but with the financial crisis of 08/09, my existing home value fell by over 40% and I was unable to sell.