5 ms·
> CoreLogic says 65% of U.S. regional housing markets are "overvalued." "Overvalued" here is determined by local home prices vs local incomes. Looking at the
by danans 5y ago
> CoreLogic says 65% of U.S. regional housing markets are "overvalued."
"Overvalued" here is determined by local home prices vs local incomes. Looking at the overvaluation map, it correlates with the narrative of a lot of buyers buying houses in places like Texas, Oregon, Tennessee with money from elsewhere.