Most and least overvalued National City surveyed the largest 317 U.S. real estat

Jun 13, 2006

Most and least overvalued National City surveyed the largest 317 U.S. real estate markets. It determined what home prices should be, controlling for differences in population density, relative income levels, interest rates, and historical market premiums or discounts. City % over-/under-valued City % over-/under-valued

Naples, FL 103%
Salinas, CA 79%
Port St. Lucie-Fort Pierce, FL 77%
Merced, CA 77%
Bend, OR 76%
Stockton, CA 75%
Punta Gorda, FL 73%
Santa Barbara, CA 73%
Madera, CA 72%
Riverside-San Bernardino, CA 69%
Modesto, CA 69%
Redding, CA 68%
Yuba City, CA 68%
Medford, OR 66%
West Palm Beach, FL 66%
Napa, CA 65%
Sarasota, FL 64%
Miami, FL 64%
Atlantic City, NJ 64%
Fresno, CA 64%
Cape Coral-Fort Myers, FL 63%
Bakersfield, CA 62%
Los Angeles, CA 61%
Chico, CA 61%
Prescott, AZ 59%
Fort Lauderdale, FL 57%
Vero Beach, FL 57%
Vallejo, CA 57%
San Luis Obispo, CA 57%
Ocean City, NJ 55%
Palm Bay-Melbourne, FL 54%
Santa Cruz, CA 54%
Sacramento, CA 54%
Deltona-Daytona Beach, FL 54%
Oxnard-Ventura, CA 53%
St. George, UT 52%
Santa Rosa, CA 52%
Bellingham, WA 51%
Visalia, CA 50%
Panama City, FL 50%
Reno, NV 49%
Oakland, CA 47%
Ocala, FL 47%
Kingston, NY 46%
Carson City, NV 46%
Mount Vernon, WA 45%
San Jose, CA 44%
Nassau-Suffolk, NY 44%
Barnstable, MA 43%
Phoenix, AZ 43%
Santa Ana-Anaheim, CA 43%
Flagstaff, AZ 42%
Las Vegas, NV 42%
Eugene, OR 42%
Portland, OR-WA 41%
Poughkeepsie-Newburgh, NY 41%
San Francisco, CA 41%
Orlando, FL 40%
Honolulu, HI 39%
Olympia, WA 39%
Fort Walton Beach, FL 39%
San Diego, CA 39%
Hanford, CA 39%
Washington, DC-VA-MD-WV 38%
Lakeland, FL 37%
Wilmington, NC 37%
Tucson, AZ 36%
Tampa-St. Petersburg, FL 36%
Longview, WA 36%
Gulfport-Biloxi, MS 34%
Seattle, WA 34%
Bethesda, MD 33%
Edison, NJ 33%
Bremerton, WA 32%
Providence-New Bedford, RI-MA 32%
Asheville, NC 32%
Tacoma, WA 32%
Baltimore, MD 32%
Jacksonville, FL 31%
Charleston, SC 31%
Vineland, NJ 30%
Pensacola, FL 30%
Charlottesville, VA 29%
Casper, WY 29%
Boise City, ID 29%
Detroit, MI 28%
Grand Junction, CO 28%
Worcester, MA 28%
Virginia Beach-Norfolk, VA-NC 27%
Portland, ME 27%
Duluth, MN-WI 27%
Newark, NJ-PA 27%
Gainesville, FL 27%
Salem, OR 27%
Dover, DE 26%
New York-White Plains, NY-NJ 26%
Myrtle Beach, SC 25%
Essex County, MA 24%
Camden, NJ 24%
York, PA 24%
Spokane, WA 23%
Bay City, MI 23%
Tallahassee, FL 23%
Farmington, NM 22%
Anchorage, AK 22%
Savannah, GA 22%
Wilmington, DE-MD-NJ 22%
Santa Fe, NM 22%
Harrisonburg, VA 22%
Flint, MI 21%
Minneapolis-St. Paul, MN-WI 21%
Monroe, MI 21%
Manchester-Nashua, NH 21%
Greeley, CO 21%
Chicago, IL 20%
Pittsfield, MA 20%
Springfield, MA 20%
Jackson, MI 20%
Rockingham-Strafford, NH 20%
Janesville, WI 20%
St. Cloud, MN 19%
Burlington, VT 19%
Battle Creek, MI 19%
Albany, NY 19%
Wenatchee, WA 18%
Allentown, PA-NJ 18%
Richmond, VA 17%
Philadelphia, PA 17%
Norwich-New London, CT 17%
Brunswick, GA 16%
Milwaukee, WI 16%
Corvallis, OR 16%
Racine, WI 16%
Boulder, CO 16%
Trenton, NJ 15%
Eau Claire, WI 15%
Rockford, IL 15%
Kankakee, IL 15%
Saginaw, MI 15%
Niles-Benton Harbor, MI 15%
Lansing, MI 15%
Reading, PA 14%
La Crosse, WI-MN 14%
New Haven, CT 14%
Lancaster, PA 13%
Ann Arbor, MI 13%
Ithaca, NY 12%
Provo, UT 12%
Holland, MI 12%
Warren, MI 11%
Madison, WI 11%
Fairbanks, AK 11%
Champaign, IL 11%
Mansfield, OH 11%
Boston-Quincy, MA 11%
Kalamazoo, MI 11%
Michigan City, IN 11%
Bridgeport, CT 10%
Muskegon, MI 10%
Lake-Kenosha, IL-WI 10%
Fort Collins, CO 10%
Kennewick, WA 9%
St. Louis, MO-IL 9%
Toledo, OH 9%
Fond du Lac, WI 9%
Roanoke, VA 8%
Lynchburg, VA 8%
Hickory, NC 8%
Billings, MT 8%
Lima, OH 8%
Fayetteville, AR-MO 8%
Yakima, WA 8%
Albuquerque, NM 8%
Salt Lake City, UT 8%
Kokomo, IN 8%
Waterloo, IA 8%
Gainesville, GA 7%
Youngstown, OH-PA 7%
Colorado Springs, CO 6%
Green Bay, WI 6%
Canton, OH 6%
Denver, CO 6%
Dubuque, IA 6%
Gary, IN 5%
Grand Rapids, MI 5%
Springfield, OH 5%
Las Cruces, NM 5%
Sheboygan, WI 5%
Knoxville, TN 5%
Hartford, CT 5%
Chattanooga, TN-GA 4%
Binghamton, NY 4%
Utica, NY 4%
Scranton, PA 4%
Cambridge-Framingham, MA 4%
Peoria, IL 3%
Cleveland, OH 3%
Baton Rouge, LA 3%
Blacksburg, VA 3%
Davenport-Moline, IA-IL 3%
Anderson, SC 3%
Logan, UT-ID 3%
Harrisburg, PA 3%
Mobile, AL 3%
Idaho Falls, ID 3%
Pueblo, CO 3%
Hattiesburg, MS 3%
Winston-Salem, NC 3%
St. Joseph, MO-KS 2%
Lexington, KY 2%
Durham, NC 2%
Bismarck ND 2%
Joplin, MO 2%
Dalton, GA 2%
Louisville, KY-IN 2%
Lebanon, PA 2%
Greensboro-High Point, NC 1%
Cheyenne, WY 1%
Athens, GA 1%
Kansas City, MO-KS 1%
Atlanta, GA 1%
Augusta, GA-SC 1%
Ogden, UT 1%
Raleigh-Cary, NC 0%
Rochester, MN 0%
Columbia, SC 0%
Wausau, WI 0%
Nashville, TN 0%
Oshkosh, WI 0%
Bloomington, IN 0%
Burlington, NC 0%
Columbus, OH 0%
Erie, PA 0%
Lafayette, LA 0%
Appleton, WI 0%
Bloomington-Normal, IL 0%
Topeka, KS -1%
Fargo, ND-MN -1%
Spartanburg, SC -1%
Springfield, IL -1%
Sandusky, OH -1%
Des Moines, IA -1%
Anderson, IN -2%
Cedar Rapids, IA -2%
Akron, OH -2%
Dayton, OH -2%
Lawrence, KS -2%
Syracuse, NY -2%
Columbus, GA-AL -2%
Bowling Green, KY -3%
Columbus, IN -3%
Pittsburgh, PA -3%
Greenville, SC -3%
Amarillo, TX -3%
Albany, GA -3%
Cincinnati, OH-KY-IN -3%
Greenville, NC -3%
Iowa City, IA -3%
Sioux Falls, SD -3%
Jackson, MS -4%
Jefferson City, MO -4%
Sherman, TX -4%
South Bend, IN-MI -4%
Lincoln, NE -5%
Charlotte, NC-SC -5%
Springfield, MO -5%
Little Rock, AR -5%
Evansville, IN-KY -5%
Florence, SC -5%
Houma, LA -5%
Birmingham, AL -5%
Omaha, NE-IA -5%
Decatur, IL -6%
Alexandria, LA -6%
Columbia, MO -6%
Buffalo, NY -6%
Fort Wayne, IN -6%
Macon, GA -7%
Oklahoma City, OK -7%
Rocky Mount, NC -7%
Austin, TX -7%
Fort Smith, AR-OK -7%
Owensboro, KY -7%
San Angelo, TX -7%
Beaumont, TX -7%
Warner Robins, GA -7%
Corpus Christi, TX -8%
Waco, TX -8%
Elkhart, IN -8%
Charleston, WV -8%
Indianapolis, IN -9%
Tyler, TX -9%
Lubbock, TX -9%
Rochester, NY -9%
Abilene, TX -9%
Wichita Falls, TX -10%
Montgomery, AL -10%
Memphis, TN-MS-AR -10%
Decatur, AL -10%
Tulsa, OK -10%
Huntsville, AL -10%
Monroe, LA -11%
Lafayette, IN -11%
San Antonio, TX -11%
Longview, TX -12%
Odessa, TX -12%
Wichita, KS -12%
New Orleans, LA -12%
Shreveport, LA -13%
McAllen, TX -13%
El Paso, TX -13%
Midland, TX -14%
Killeen, TX

-15%

 

Houston, TX -16%
Fort Worth, TX -18%
Dallas, TX -19%
College Station-Bryan, TX -24%
 

ShortSale Testimonial

Total Owed: $254,191
Accepted: $173,000
Time to Negotiate: 160 Days
I was a little skeptical at first because the process is so confusing to me.   It's hard pay money when there is so much uncertainty.  Now that this is behind me it feels amazing.  I can move on with my life.   It has been 2 years since I left the property.  You did a great job.  If I every hear of anyone in a similar situation, I would definitely refer them to your company.
Best Regards, Erickson

Recent Houston Preforeclosures

HOUSTON TEXAS 77056 Preforeclosure ShortsaleTrustee Sale Date: Jun 5, 2012
HOUSTON, TEXAS 77056
Owed:$787,909 | Accepted:$605,000
SEABROOK TEXAS 77586 Preforeclosure ShortsaleTrustee Sale Date: May 1, 2012
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Houston TX 77082 Preforeclosure ShortsaleTrustee Sale Date: May 1, 2012
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Owed:$145,244 | Accepted:$65,202
Houston Texas 77005 Preforeclosure ShortsaleTrustee Sale Date: Apr 3, 2012
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Owed:$705,000 | Accepted:$427,224
Houston TX 77082 Preforeclosure ShortsaleTrustee Sale Date: Apr 3, 2012
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Owed:$2,930,000 | Accepted:$2,103,000
 SUGARLAND TEXAS 77479 Preforeclosure ShortsaleTrustee Sale Date: Apr 1, 2012
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Owed:$148,494 | Accepted:$128,494
Houston TX 77025 Preforeclosure ShortsaleTrustee Sale Date: Mar 6, 2012
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Owed:$200,166 | Accepted:$133,000
 Cypress TX 77433 Preforeclosure ShortsaleTrustee Sale Date: Mar 6, 2012
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Owed:$160,000 | Accepted:$140,000
HOUSTON TEXAS 77095 Preforeclosure ShortsaleTrustee Sale Date: Mar 6, 2012
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Owed:$275,000 | Accepted:$200,000
CONROE TEXAS 77385 Preforeclosure ShortsaleTrustee Sale Date: Mar 6, 2012
CONROE, TEXAS 77385
Owed:$401,000 | Accepted:$290,000