Those who want to move to Boise, Idaho, to get away from it all or to "work from anywhere" better prepare to break the bank. According to a new analysis by professors at Florida Atlantic University and Florida International University, it is the most overvalued housing market in the country.
Three other primary markets that were hit hardest during the U.S. housing collapse more than a decade ago – also rank among the 10 most overvalued: Phoenix, Las Vegas and Stockton, Calif.
Based on past pricing history, homes in Phoenix are selling for a 42.31 percent premium. Homes in Las Vegas are selling for 41.88 percent above their long-term pricing trend, just ahead of Stockton's 38.50 percent.
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