A report updated for the first quarter of 2006 shows what areas have the most overvalued housing. You can view the report here. The report says it takes 3 and a half years to correct the overvaluation. For Q1 2006, they list the San Luis Obispo housing market as being 56.5% overvalued, which ranks about 30th on their list of 317 areas nationwide. The most undervalued areas are in Texas.
Tagged: California
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- A new RM incentive that troubled Consumers? Union
- Organize Your Investment Records
- Questions for America (and how can anyone be long the stock market in this environment?)
- Let The Good Times Average Out Nicely
- Slowing Home Market to Ripple Through Job Market
- What would the Queen say?
- California bill names practices to watch out for
- L.A. Median Home Price Tops Half A Million!
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