Honolulu

Honolulu_overrvalued
  • Median home price difference : (2007-2015) +18.01%

Hawaii's capital might be an ideal vacation getaway, but not the spot for real estate bargains, according to West Realty Advisors.

"Housing prices are so inflated in comparison to incomes, it doesn't make sense to us," said Paine.

First published July 24, 2015: 3:00 PM ET
West Realty Advisers is a real estate firm that invests in housing markets across the country, including some of those mentioned in this study. The firm analyzed pre-recession median home prices to current ones for the list using data from Zillow, CoreLogic and RealtyTrac.

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