After sluggish second quarter, housing prices in the United States have stabilized in the third. However, National Realty Investment Advisors, LLC believes housing markets of many metro areas are still undervalued & overvalued in some. A recent report of Trulia, also covered by MarketWatch, confirms this.


Below listed are some of the most overvalued real estate destinations in U.S.A., followed by most undervalued ones:

Most Overrated 

On the basis on data related to jobs, income growth and household formation & rents, following metro areas came out to be most overvalued from the 100 that were part of the study:

  • Austin
  • Los Angeles
  • Orange County
  • San Francisco
  • Houston

While Austin is leading the overvalued pack with 19%, Los Angeles and Orange County are closely following at 15%.


Most Underrated

Some property markets have the potential but don’t have the demand at present. According to National Realty Investment Advisors, LLC, investing in such regions can be lucrative after carefully market study and analysis. Below are some of the most undervalued metro areas:

  • Detroit
  • Cleveland
  • Dayton
  • Toledo
  • Akron

Besides overvalued and undervalued areas, there are few regions that fall somewhere in between. Philadelphia is one such region that scores high in areas like jobs, income growth & household rents without being pricey from investment point of view. This is the reason why real estate investors are fascinated by it.

Adding sheen to this property demand are companies like NRIA. Watch this Youtube video to learn how you can take advantage of Philadelphia’s unique tax breaks and own a rental home at just $11,900 plus financing.