Monday, January 17, 2011

Underpriced Housing Markets- Cleveland, OH # 3

Overpriced, underpriced housing markets What are the most overvalued and undervalued housing markets in the country? The Local Market Monitor recently released a list for investors analyzing buying conditions for real estate markets in the United States. Here's a list of the most overpriced housing markets and the percentage they are overvalued by, according to the report: 1. Nassau-Suffolk, N.Y.: 26% ($418,416 median home price) 2. Los Angeles: 24% ($368,056 median home price) 3. Portland, Ore.: 24% ($240,912 median home price) 4. Anaheim, Calif.: 23% ($449,396 median home price) 5. Edison, N.J.: 20% ($286,900 median home price) Here is a list of the top 5 most undervalued markets: 1. Las Vegas: -27% ($144,636 median home price) 2. Akron, Ohio: -22% ($155,673 median home price) 3. Cleveland: -21% ($154,674 median home price) 4. Warren, Mich.: -21% ($111,114 median home price) 5. McAllenn, Texas: -20% ($131,871 median home price) View a complete list of overvalued and undervalued cities. Source: NAR and CNN Money Presented by Rita Legan ASP Staging Realtor and eagent. In my Twentythree years of second generation real estate consulting, my guiding principle is "your success is my #1 priority". My background in Corporate Relocation, Personal Real Estate Investing, New Construction, Marketing, Interior Design and Staging arm my client's for making smart and timely decisions whether buying, selling or investing in real estate in the Greater Cleveland Ohio Southwest Suburbs. I am ready to earn your business. Call Now (440) 440-227-4461 or email or meet me on the web at

No comments: