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Saturday, September 24, 2022

These 16 Michigan housing markets are overvalued by 15% or more

Homebuyers have landed in the crosshairs of rising mortgage rates and heightened prices.

A recent Moody Analytics report found nearly two-thirds of the nation’s largest regional housing markets are overvalued by more than 20%. Moody Analytics is an economic research firm that evaluates risk, performance and financial modeling.


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