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Smart Money magazine released it’s lastest “most overvauled” housing cities. They looked at 152 markets (SLO wasn’t one of them).

Here are the most overvalued areas (guess which state dominates the list?!):

1) Naples, FL
2) Miami, FL
3) Santa Barbara
4) Riverside-San Bernardino
5) Modesto
6) Salinas
7) Stockton
8) Los Angeles
9) Merced
10) Port St. Lucie-Fort Pierce, FL
11) San Jose
12) Sarasota-Venice, FL
13) San Diego
14) Fresno
15) Vallejo-Fairfield
16) Ventura
17) Fort Myers, FL
18) San Francisco
19) Vero Beach, FL
20) Atlantic City, NJ

Read the article here

Written by Keith Byrd - Go to Keith's Website/Profile