Forbes magazine has calculated what it considers the most overpriced U.S. housing markets by estimating a "price-to-earnings" ratio for each of the 40 largest metro areas. The magazine also calculated an affordability score based on how many residents pulling down a median income could afford to buy a property. Charlotte ranked No. 1 in the nation as the least overpriced market, and Raleigh came in close behind at No. 3. http://www.realtor.org/rmodaily.nsf/pages/News2007051504
May 18, 2007
Charlotte NC Real Estate - Least Overpriced Market in the US!
Two NC Cities Named in Forbes 10 Least Overpriced Markets
Comments(0)