Is Your Home Overpriced?
Check out this article and spreadsheet from CnnMoney.com regarding housing prices.
I'd hate to be living in CA.....it takes up 9 out of the top 10 overpriced markets.
-The Washington DC/Arlington market is 37% overpriced according to CnnMoney.com.
-Virginia Beach-Norfolk comes in at 16% overpriced.
-The Richmond market comes is at 7% overpriced but is still considered a fair value.
If your looking for a deal, you will need to move to Texas. El Paso comes in at 26% undervalued.
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