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January 4, 2010 - The Top 10 Areas Where Forbes Found The Most Over-Priced Properties Forbes Magazine ranked markets it considered the most overpriced based on the ratio of the median initial list prices compared to the median list prices at the time the properties actually sold. It also factored in how long the properties stay on the market.
The top 10 areas where Forbes found the most over-priced properties were:
1. Orlando
2. Miami-Fort Lauderdale-Pompano Beach
3. Jacksonville, Florida
4. Baltimore – Towson
5. Chicago-Naperville-Joliet
6. San Antonio, Texas
7. Denver-Aurora
8. Tampa-St. Petersburg-Clearwater
9. Indianapolis-Carmel
10. Austin-Round Rock
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