Report: Nevada homes among most overvalued
By Eli Segall, Las Vegas Sun
Nevada homes not only were the most overvalued in the country at the peak of the housing bubble last decade, but prices are among the most inflated now, new data show.
Homes statewide are 15 percent overvalued, tied for highest in the nation with North Dakota and Hawaii, according to analysts with Fitch Ratings.
Reno homes are 20 percent overvalued; Las Vegas homes, 14 percent.
