Tuesday, April 18, 2006

Overvalued Housing!

From a CNN article published 4-7-06 and a Local Market Monitor calculation the following California cities were shown to be overvalued as to their equilibrium value -- what the typical house should sell for!


San Diego CA - 67% - Overpriced

San Jose CA - 62% - Overpriced

San Francisco-Oakland CA - 53% - Overpriced

Sacramento CA - 57% - Overpriced

Riverside-San Bernardino CA - 63% - Overpriced

Los Angeles-Anaheim CA - 56% - Overpriced

Fresno CA - 51% - Overpriced

Santa Barbara-Santa Maria CA - 83% - Overpriced

For San Diego, best real estate sites:
San Diego coastal real estate
San Diego downtown real estate
San Diego for sale by owner real estate
San Diego real estate

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