Research

Some markets are flourishing even as development nationwide slows.

Mortgage rates have slid from 8.1% that month to 6.61% in December.

Many out-of-town home buyers have significantly higher incomes than local residents.

However, as Northmarq notes, 'the reality is likely less dramatic than some might suggest.'

Fitch Ratings expects the overvaluation to continue given increasing home prices.

However many key metrics for homebuying are easing.

The past decade has delivered a record number in that demographic.

But office continues to drag down the index.