Florida Still Has Most Overvalued Housing Markets In The Nation

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Florida continues to have the most overvalued housing markets in the nation.

A new study from Florida Atlantic University and Florida International University researchers show nine different markets in the state made the Top 15 in a ranking of the most overvalued metros.

Tampa is the most overvalued market in the state and third most in the nation.

The average property is selling at just above 43 percent more than its historical implied price.

Some other highlights within the Top 15 nationally include Jacksonville at a 39 percent premium, the Miami metro at just under 39 percent, with Orlando coming in just under Miami.

Despite these numbers, real estate experts say those looking to stay in a home after purchasing should not fear losing money on their investment.

Here is a look at Florida's overvalued markets:

Tampa (43.09 percent)

North Port (42.59 percent)

Cape Coral (42.18 percent)

Lakeland (41.20 percent)

Palm Bay (40.37 percent)

Jacksonville (39.29 percent)

Miami (38.73 percent)

Orlando (38.66 percent)

Deltona (38.54 percent)

Click Here to see the full rankings.


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