Investor's Business Daily - Single-family prices are up 3% nationally, year over year, but that's the weakest gain in a decade, researcher Global Insight said. The percentage of homes it deems "overvalued" fell to 14% in Q1 from 17% in Q4. Hot markets like California, Florida, New York and New England saw the broadest declines, as did weak areas of the industrial Midwest. Texas was home to the most "undervalued" markets.
Source: http://rss.news.yahoo.com
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