Newsroom Listing - Housing-Ranking
Home prices in the overwhelming majority of the nation’s largest housing markets continue to rise despite the Federal Reserve’s move to raise mortgage rates in hopes of curtailing runaway demand, according to researchers at FAU and FIU.
When mortgage rates rise, home prices tend to level off or decline because fewer people can afford to buy. Experts are counting on that adage to help cool the nation’s torrid housing market.
Higher mortgage rates have yet to cool overheated housing markets across the country as prices continue a steady climb in each of the nation’s 100 largest metropolitan areas, according to researchers at Florida Atlantic University and Florida International University.
When it comes to metropolitan areas with the nation’s most overpriced homes, Florida and Ohio are leading the pack, according to researchers at Florida Atlantic University and Florida International University.
The frenzied housing market appears to be cooling in many Western U.S. markets, even as prices continue to rise nearly unabated in the Eastern part of the country.
Home prices continue to rise across the country and are poised to flatten in some metropolitan areas, according to a ranking of the most overvalued U.S. housing markets by professors at Florida Atlantic University and Florida International University.