Austin, Houston, San Antonio and Dallas are all among the major cities that the Trulia researchers say are becoming overheated with housing prices that are ahead of market fundamentals.
Only 16 of the 100 U.S. cities that Trulia tracks for its “bubble watch” report are considered overvalued. Nationally, home prices are 4 percent undervalued in fourth quarter 2013, which means nationally, we’re nowhere near another housing bubble, according to the report.
Read more...National home prices simmer, Texas comparison via Real Estate Center at Texas A&M
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.