U.S. Homes Undervalued--According to a recent report from Capital Economics (a British research firm), U.S. homes are notably undervalued. The study evaluated the ratio between average home prices and the income earned by average homeowners. The ratio is now very low, indicating that homes in the U.S. are undervalued by nearly 20 percent. The same report finds that homes in Europe are over-valued by more than 20 percent -- and Australia's by 40 percent.
For more information please contact me at 818.269.5550.
You may also visit my wesbite: http://www.caroledelacruzrealty.com/
or email me at: carole@caroledelacruzrealty.com
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