According to a recent study conducted by Florida Atlantic University, the housing market in some parts of the United States remains overpriced, with buyers paying much more than homes are actually worth. The study compared the historical trends of expected home values to the average list prices across the 100 largest metro areas, identifying the cities with the largest percentage differences between the two. Surprisingly, five of the ten most overpriced housing markets in the country are located in Florida, with Atlanta, Georgia taking the number one spot. In this article, we’ll take a closer look at the gap between expected home values and actual prices across these ten markets and explore whether the housing market is starting to cool down.
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