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CA & TX: Watch Out! Overvalued Housing Markets in America

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Home prices are rebounding so much in some U.S. cities that property values have actually risen beyond what local economic fundamentals justify, market watcher Trulia.com says. “These are [generally] markets that have seen big price increases in the past year,” Trulia Senior Economist Jed Kolko says. “They’ve had some of the strongest price rebounds in […]

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