depressed real estate markets: Houses Are Priced Below True Value in One Third of U.S. Markets - 08/18/11 01:15 AM
What is the Value of a home? Other than the value to the homeowner where the value can be measured not only in financial terms, the financial value is "what a buyer is willing to pay for it." However, a report by Zillow, shown here in a video at Marketwatch.com, indicates that some U.S. housing markets are priced 30% below the value at which the homes should be selling. Those markets include Florida, Las Vegas, Detroit, and parts of the Mid- West among other areas. I suspect that the Sunbelt areas experiencing the current severe depressed housing market are more likely … (4 comments)

 
Tom Robinson, Experienced Real Estate, Professional Serving No. VA and DC (Keller Williams Realty Kingstowne/Alexandria, VA Office)

Tom Robinson

Experienced Real Estate, Professional Serving No....

Fairfax, VA

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Keller Williams Realty Kingstowne/Alexandria, VA Office

Address: 6354 Walker Ln, Suite 100, Alexandria, VA, 22310

Office: (703) 562-1792

Mobile: (703) 861-7541



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