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Old 08-18-2005, 04:31 AM   #1 (permalink)
raveneye
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31% of U.S. housing market "extremely overvalued": new study

http://www.usatoday.com/money/perfi/...valuations.htm

My guess is that these markets have been "extremely overvalued" for at least a couple years in most cases, some like Miami going on 5 years.

We're considering selling and moving to a lower market area, and waiting for prices to drop to move again to another high market area like Portland or Seattle.

Anyone else considering this?
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