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The 25 most overpriced cities in the U.S.
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Monday, January 30, 2012
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From Forbes:

The Lone Star state has gotten a lot of good press lately for coming through the economic downturn relatively unscathed. Since 2008, nearly 40% of all of the nation's new jobs have been created there. Thanks to their strong economy, housing in Texas' biggest cities, including Houston, San Antonio and Austin, never suffered from the plunge in property values that struck the rest of the United States in the last few years.

So it wouldn't surprise you to see them top a list of the nation's most overpriced cities, places where the cost of living–especially housing prices–are the highest compared to median income.

Yet, none of them make our list...

Read full article...

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