Best time to buy in four years
Published March 11th, 2008 in The MarketMost housing markets are less overvalued - CNN/Money
Analysts from National City Corp bank say that the home valuations–the difference between what a home should cost and its actual price–are at their lowest in four years. That isn’t to say that home prices have stopped declining, but now, even in a market like Chicago that was never severely overvalued, is as good a time to buy as any.