Industry News

Naples tops ‘overvalued’ real estate market list

Florida, California metro areas top quarterly rankings, report says
Published on Dec 9, 2005

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by CareyBot

About 38 percent of the top 299 metro housing markets “are extremely overvalued and at risk for a price correction,” according to a third-quarter report released today by National City Corp., a Cleveland-based financial holding company, and Global Insight Inc., ...