San Diego 67% - Overpriced!

From a CNN article published 4-7-06 and a Local Market Monitor calculation the following California cities were shown to be overvalued as to their equilibrium value -- what the typical house should sell for!

San Diego CA - 67% - Overpriced
San Jose CA - 62% - Overpriced
San Francisco-Oakland CA - 53% - Overpriced
Sacramento CA - 57% - Overpriced
Riverside-San Bernardino CA - 63% - Overpriced
Los Angeles-Anaheim CA - 56% - Overpriced
Fresno CA - 51% - Overpriced
Santa Barbara-Santa Maria CA - 83% - Overpriced

For San Diego, best real estate sites:
San Diego coastal real estate
San Diego downtown real estate
San Diego for sale by owner real estate
San Diego real estate