chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
America's most overvalued and undervalued housing markets - Jan. 11, 2011Nationally, the great majority of housing markets are now fairly valued, according to Local Market Monitor. Eight markets are overpriced, and 15 are underpriced. That contrasts with the boom years: In mid-2006, 37 of the biggest markets were overpriced, six under and 57 fairly valued.
Assuming the information is correct.... if one lives in those undervalued areas... It might be a good time to buy (if you do no have an existing home to unload).