Not considering the rental income and taking into consideration how fast the market is recovering, I have no doubt this house is going to appreciate rapidly.

So if you are looking for the place that home value increases rapidly you might look at other cities (that being said the home value might also decline just as rapidly as it goes up). 

I'm looking for an REI group in the Grand Rapids are. 

I'm not one to "catch the fever", but it is hard to ignore to rapid expansion of new construction. 

It came about as a protective measure back in the early 1980s in a time of rapidly rising interest rates on savings accounts, which formed the pool of money for  home loans at that time.  

Michigan has the same problem on their side of Lake Michigan in Grand Rapids, so folks in that area, I'd love to hear from you. 

Developments near the Denver International Airport are moving forward at a rapid pace.

The Texas market is quite hot with property values climbing rapidly, but cash flow is lower.

Michigan investor (in Ypsilanti and Grand Rapids but recently moved to Detroit suburbs) and in Detroit proper and some of the closer suburbs there are good and bad areas, very much pocket by pocket.

D.C. is an area to buy and resell because of rapid appreciation.