According to a recent study, 15 of the top 100 US housing markets are overvalued by > 50%. The higher the premium buyers are paying, the more overpriced a market is. The 15 markets overvalued by 50%: 1. Boise: 72.6% 2. Austin: 67.7% 3. Ogden: 64.7% 4. Las Vegas: 61.4% 5. Atlanta: 58% 6. Phoenix: 57.9% 7. Provo, UT: 57% 8. Fort Myers: 56.2% 9. Spokane: 56.2% 10. Salt Lake City, UT: 55.7%
Market Update