Most Overpriced Places In The U.S. 2006

**T.S.** · 10-22-2006, 09:46 PM

Here is the Forbes most overpriced places in the U.S. 2006 list.

Quote:

Originally Posted by Forbes

Most Overpriced Places In The U.S. 2006

1. Essex County, Massachusetts
2. San Francisco, California
3. San Jose, California
4. Honolulu, Hawaii
5. Cambridge, Massachusetts
6. New York, New York
7. Tucson, Arizona
8. Oakland, California
9. Boston, Massachusetts
10. Los Angeles, California

http://www.forbes.com/realestate/200..._0711feat.html
http://www.forbes.com/2006/07/10/cx_...hisSpeed=90000

Here is the 2005 list for comparison.

Quote:

Originally Posted by Forbes

Most Overpriced Places In The U.S. 2005

1. Seattle, Washington
2. New York, New York
3. Portland, Oregon
4. Chicago, Illinois
5. San Jose, California
6. Bergen-Passaic, New Jersey
7. San Francisco, California
8. Middlesex, New Jersey
9. Denver, Colorado
10. Los Angeles, California

http://www.forbes.com/realestate/200...15home_ls.html
http://www.forbes.com/2005/07/14/cx_...hisSpeed=90000

**milliebfit** · 10-22-2006, 10:47 PM

I don't like seeing this list. We are moving to tucson in the spring.

RAINBOWWAVES · 10-22-2006, 11:12 PM

Yes Millie, remember i had told you we have a friend there and she said, like here, things have really shot up...On the list last yr was where i am from all my life orig, Bergen County, NJ.....

sunrico90 · 10-23-2006, 05:52 PM

I don't see Florida...

, but don't tell the folk's at C-D Forum (Florida) they will hang you.

**Corlyx** · 10-23-2006, 06:20 PM

That seems like a big change for one year. Do costs really change that quickly?

**milliebfit** · 10-23-2006, 08:09 PM

Quote:

Originally Posted by RAINBOWWAVES

Yes Millie, remember i had told you we have a friend there and she said, like here, things have really shot up...On the list last yr was where i am from all my life orig, Bergen County, NJ.....

I only know the property taxes are alot cheaper in Tucson than here in NJ. We have not started to look at houses yet.

**a1m1700** · 10-29-2006, 01:10 AM

Quote:

Originally Posted by milliebfit

I don't like seeing this list. We are moving to tucson in the spring.

Do you have to go

**milliebfit** · 10-31-2006, 09:49 PM

a1m1700... No we really do not have to go. However NJ property taxes are out of control. Tucson's property taxes are really cheap!! The homes we are looking at are no different in price than Here in NJ. So I wonder what makes Tucson overpriced? My son lives in Tucson and my sister lives in Goodyear. That is another good reason why I want to move.

RAINBOWWAVES · 11-15-2006, 03:44 AM

I think Bergen County is waaaaaaaaay over priced~!

**T.S.** · 11-15-2006, 09:15 AM

Quote:

Originally Posted by Corlyx

That seems like a big change for one year. Do costs really change that quickly?

The statistics considered in the ranking changed a little bit between 2005 and 2006.

Quote:

Originally Posted by Forbes

The results are not directly comparable with those of last year's list, both because we added a new type of data and because the Office of Management and Budget has reconfigured its metropolitan statistical areas. (To be considered a metro area, OMB requires at least one urbanized area of 50,000 people.) Essex County, for example, wasn't even considered for a spot in the 2005 edition.

**T.S.** · 11-15-2006, 09:21 AM

Quote:

Originally Posted by milliebfit

So I wonder what makes Tucson overpriced?

It sounds like low salaries, and fast rising housing prices.

Quote:

Originally Posted by Forbes

Tucson residents are feeling the burn on both their skin and their wallets. Though job growth is promising--major corporations, including AOL and Intuit, have relocated to the desert area, bringing new jobs with them--the Arizona metro ranks poorly when it comes to compensation. Moreover, the metro is in the bottom third when it comes to housing affordability. From the first quarter of 2005 to the first quarter of 2006, the median home price rose nearly 25%, to $248,600, according to the National Association of Realtors

**milliebfit** · 11-15-2006, 04:12 PM

T.S. Thanks for the information. The house prices are about the same as here in NJ. We are looking to have a home built. The price of new homes are similar to NJ. I am not going to let myself worry about it. I am looking forward to living near my son and my sister (who I really miss!!)

**Sekretgardengal** · 12-12-2006, 02:42 PM

Quote:

Originally Posted by sunrico90

I don't see Florida...

, but don't tell the folk's at C-D Forum (Florida) they will hang you.

Don't you think Naples is way overpriced???

The Dictatorship would have deleted these messages! Hee hee

flboy · 12-29-2006, 09:56 AM

Naples is lovely , but yes, I think it is overpriced.

10-23-2006, 05:52 PM	#4 (permalink)
sunrico90 Banned Join Date: Oct 17th, 2006 Posts: 27	I don't see Florida..., but don't tell the folk's at C-D Forum (Florida) they will hang you.

10-23-2006, 06:20 PM	#5 (permalink)
Corlyx Junior Member Join Date: Oct 14th, 2006 Location: Duluth, MN Posts: 95	That seems like a big change for one year. Do costs really change that quickly? __________________ --Corlyx--

12-29-2006, 09:56 AM	#14 (permalink)
flboy Newbie Join Date: Dec 29th, 2006 Posts: 9	Re: Most Overpriced Places In The U.S. 2006 Naples is lovely , but yes, I think it is overpriced.

10-22-2006, 10:47 PM	#2 (permalink)
milliebfit Member Join Date: Oct 18th, 2006 Posts: 147	I don't like seeing this list. We are moving to tucson in the spring.

10-22-2006, 11:12 PM	#3 (permalink)
RAINBOWWAVES Banned Join Date: Oct 18th, 2006 Posts: 715	Yes Millie, remember i had told you we have a friend there and she said, like here, things have really shot up...On the list last yr was where i am from all my life orig, Bergen County, NJ.....

10-31-2006, 09:49 PM	#8 (permalink)
milliebfit Member Join Date: Oct 18th, 2006 Posts: 147	a1m1700... No we really do not have to go. However NJ property taxes are out of control. Tucson's property taxes are really cheap!! The homes we are looking at are no different in price than Here in NJ. So I wonder what makes Tucson overpriced? My son lives in Tucson and my sister lives in Goodyear. That is another good reason why I want to move.

11-15-2006, 03:44 AM	#9 (permalink)
RAINBOWWAVES Banned Join Date: Oct 18th, 2006 Posts: 715	I think Bergen County is waaaaaaaaay over priced~!

11-15-2006, 04:12 PM	#12 (permalink)
milliebfit Member Join Date: Oct 18th, 2006 Posts: 147	T.S. Thanks for the information. The house prices are about the same as here in NJ. We are looking to have a home built. The price of new homes are similar to NJ. I am not going to let myself worry about it. I am looking forward to living near my son and my sister (who I really miss!!)