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New Report Reveals 'Overvalued,' 'Undervalued' Areas For Home Prices In CT
Homes in some regions in Connecticut are being considered “undervalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with areas in Connecticut considered “overvalued" or “undervalued.”
Specifically, in Fairfield County, Bridgeport, Stamford, and Norwalk were considered undervalued.
Also undervalued for housing are Hartford, East Hartford, and Middletown, the report said.
New Haven County and Milford were rated as “normal,” with no other areas highlighted by the …
