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Rainer
308,598
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

No, my town is the best kept secret, the idiots who make lists don't know we exist and we like this way.

Aug 16, 2022 11:09 AM
Ambassador
3,158,154
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Shockingly it is not.  Then again, who makes these lists, and what qualifies them to determine "overvalued"?  

I'm calling Fake News on this Gary Frimann, CRS, GRI, SRES 

Aug 16, 2022 07:44 AM
Rainmaker
1,023,652
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I did not see a definition of "overvalued" in the article. What does "overvalued" mean. Prices across the country have gone up since the start of the pandemic. Do the writers expect a price drop of 50-70% in the markets mentioned. That is what I call "fake news".

Aug 16, 2022 11:53 AM
Rainmaker
915,778
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

If they are selling they are NOT over-valued.
Houses are selling in my piece of Florida.
Not as briskly as a month ago but still selling with very little adjustment regarding price.
Florida, and my region, TAMPA are well represented on the list.

Aug 16, 2022 10:50 AM
Rainmaker
816,239
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Yes, it is. I'm not surprised. They basically have the hottest markets on this list. Is Raleigh overvalues? Hard to say. We have many tech companies moving here and some sources say we're going to have another big housing wave.  Part of what has made our prices go up is we're becoming more densely populated. So, affordable housing has been pushed out of town. It is hard to get much of anything for under $400k in Wake County which is where Raleigh is located. 

Aug 16, 2022 09:38 AM
Ambassador
1,014,368
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Overvalued?

 

According to a media outlet getting paid for clicks and peddling fear?  

 

Inventory is being outpaced by household formations, until that changes, articles like this are nothing more than speculative fear mongering.  Some markets could see pricing come back down to earth, especially as some of these hot newly metro markets (Boise, SLC, ATX) realize the infrastructure (read: higher taxes) needs that the new population booms are going to bring, but nationwide, inventory isn't keeping pace with demand, and if (when) rates come down, demand will pick up even further.

Aug 16, 2022 11:24 AM
Ambassador
1,874,191
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

Not sure how much credence I give this.  Chicago (my region) is pretty far down the list... but Cleveland (where my daughter lives) shows as 39% over-valued... and in my opinion... Cleveland prices are amazingly reasonable.

Aug 16, 2022 09:57 AM
Rainmaker
2,079,021
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Nothing in North Dakota Gary Frimann, CRS, GRI, SRES but that is not surprising as we are so conservative NO ONE here would ever pay more than asking price.

Aug 16, 2022 08:05 AM
Rainmaker
980,713
Peter Mohylsky
PMI. Destin - Miramar Beach, FL

Nope and I wonder how they got that list.  It is an interesting reading but it is history as we enter the third quarter of the year.  

Aug 16, 2022 07:47 AM
Rainmaker
596,130
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Carmel-by-the-Sea was ranked #2 in California for home values going up (right after Sea Ranch).  I think you'd need to wait a long long time for prices to go down here.  Although the rise is probably being checked a bit right now since they may not sell on day one with over asking prices as they did earlier in the year. 

Aug 16, 2022 12:11 PM
Rainmaker
1,766,546
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

Nope, I checked a few weeks ago.

Aug 16, 2022 11:12 AM
Rainmaker
438,841
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor"

How can they state "Overvalued" when you have buyers willing and able to purchase above the "Asking Price" and be foolish enough to sign "Appraisal Waivers" ... 

Aug 17, 2022 07:30 AM
Ambassador
4,743,489
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I'm not clear on what criteria are being used to determine overvalued. San Diego is not on this particular list but we have shown in others. Amazing how many housing market lists there are out there these days.

Aug 16, 2022 02:32 PM
Rainmaker
849,202
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Probably, but not featured in your link. Things change...

Aug 16, 2022 12:05 PM
Rainmaker
7,033,883
Roy Kelley
Retired - Gaithersburg, MD

Nope, thankfully.

 

Aug 16, 2022 10:23 AM
Rainmaker
1,357,492
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

America's Finest City is always underestimated.....

we are a high value sneak attack! 😎

An Ode to the Sneak Attack | An ode to the art of the sneak attack. | By  Kim's Convenience | Facebook

 

Aug 16, 2022 07:39 PM
Rainmaker
2,691,172
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All I know is my current situation met my standards and then some

Aug 16, 2022 03:33 PM
Rainmaker
1,430,221
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Nothing from my state, that's odd!  Did see Hotlanta made the list.

Aug 16, 2022 03:19 PM
Ambassador
3,402,519
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Yes it has been but prices are coming down and the market is balancing

Aug 16, 2022 02:36 PM
Rainmaker
1,558,335
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Yep, in my opinion, most of our towns in Los Angeles County are regardless of any article that likely has no true research in it or based on Z. lists. 

Aug 17, 2022 11:03 AM
Rainmaker
5,323,059
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I am shocked Denver is not on this list, it has gotten very expensive here.

Aug 17, 2022 07:10 AM
Rainmaker
4,567,039
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No, but having been active in Florida for years, it is out of control. So glad I am gone!

Aug 17, 2022 04:19 AM
Rainmaker
908,872
Ritu Desai 703-625-4949
Samson Properties - Chantilly, VA
Northern Virginia,Washington DC & Maryland Realtor

Great headliner without a backbone. I agree with many of my fellow agents here that unless you don't know the local micro economy and specific type of housing you are discussing these stats are useless. Being in the DC metro area of Northern Virginia we have low unemployment but affordability is a challenge.

Aug 17, 2022 02:02 AM
Ambassador
5,752,679
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I doubt that the people who made up this list have ever heard of our town.

Aug 17, 2022 12:09 AM
Ambassador
2,783,261
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
St. George Utah Area Residential Sales Agent

My selling area did not make it and many of the places that were listed are not even desirable. Happy to help people looking to buy here!

Aug 16, 2022 05:59 PM
Rainmaker
1,056,078
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Nope, but I'm not surprised at those that are

Aug 17, 2022 12:04 PM
Rainmaker
695,297
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

No, none listed in California, the most are in Florida.

Aug 19, 2022 12:51 PM
Rainmaker
608,970
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We didn't make the list, but our prices are so up since the start of the pandemic, I am surprised we aren't there.

Aug 17, 2022 04:23 PM