May 18, 2024

Housing

Overvalued

Charlotte Crane | 8/1/2006

Home prices are increasingly overvalued, according to a survey of 317 metro areas; 71 markets, with pricing 34% or more over appropriate levels, are considered extremely overvalued.

Seventeen of the 20 most-overvalued markets are in California and Florida.

Tags: Big Bend, Housing/Construction, Northwest

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