Overpriced Housing - An Analysis

Map of the United States with hotspots marked where housing costs have risen significantly during the pandemic

In a new report analyzing the U.S. housing market, Moody's chief economist Mark Zandi concludes that the pandemic has boosted home prices in parts of the country far beyond the typical coastal hot spots. Communities across Virginia have been impacted, though perhaps not as much as places like Boise, Idaho, where homes are as high as 73% overpriced.