Real Estate Valuation Metrics Essay
Description
Mark Zandi, chief economist at Moodys Analytics, was recently reported by CNN as saying: The housing market is out of whack. Its not sustainable. It is overvalued, stretched and vulnerable as mortgage rates rise, and affordability gets crushed. Discuss three metrics or methods you could use to try to verify or refute Zandis judgement that homes (for sale) in the US are overvalued.
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