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Friday, December 30, 2005

Most overvalued housing markets

Latest analysis of 299 markets: See how your hometown ranks.
December 29, 2005: 1:01 PM EST
By Les Christie, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) - Sixty-five of the nation's 299 biggest real estate markets are severely overpriced and subject to possible price corrections.

That's according to the latest (third quarter) Housing Market Analysis conducted by National City Corp, a financial holding company, in conjunction with Global Insight, a financial information provider.

[Read more of the article here at CNNMoney.]

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