All New! The Coast-to-Coast Interactive Heatmap Housing Overvaluation Toy

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Patrick always finds the good stuff: This link (through a bilingual housing blog) to a full-color, coast-to-coast, interactive heatmap that shows you where housing prices are most overvalued. Overvalued based on what? A research firm, National City Corp., says it determined statistically normal house values by considering house prices, interest rates, household incomes, population densities, and historical premiums or discounts paid to live in certain areas over time. Plot spoiler: It shows LA real estate is 51.5% overvalued. But don’t take my word for it, check it out. Comments are always welcome. Email story tips to [email protected].