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As housing prices have soared, some markets have become so highly valued that they are now worth $1 trillion or more in total. Overall, the total value of U.S. homes from coast to coast sits at a record $49.6 trillion, according to a recent report from real estate brokerage firm Redfin. The total value has more than doubled in the past decade, up 120% since 2014. In some markets…

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