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No one wants to pay more for a place than its really worth.
According to Fitch Ratings, home prices in 90% of metro areas in the United States are overvalued.
More than half of those are overvalued by more than 10%.
Kahului-Wailuku-Lahaina, Hawaii
You probably expect overvalued housing markets in Hawaii.
The state is popular and expensive.
This market has seen prices significantly increase due to higher demand and lower supply.
That was the highest number since May 2022.
The Cow Hollow neighborhood had the highest median sale price $6.65 million.
Seattle, Washington
If youre looking at a market with overvalued homes, check out Seattle.
In addition, its the only market in Idaho to make the list from U.S. News.
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