Geopolitics Alpha

The 10 most overvalued housing markets in America

Published . Updated .

As home prices remain near record highs, about 81% of housing markets in America are overvalued, a new ratings-agency report says, with the Northeast leading the pack.

Directly affected

  • No company is named in this report.

Indirectly affected

  • DCRE DOUBLELINE COMMERCIAL REAL ESTATE DEBT ETF

    GA selected DCRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ARI APOLLO COML REAL ESTATE FIN COM

    GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • KREF KKR REAL ESTATE FIN TR INC COM

    GA selected KREF as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • REFI CHICAGO ATLANTIC REAL ESTATE F COM

    GA selected REFI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • GHI GREYSTONE HOUSING IMPACT INVES BEN UNIT CTF

    GA selected GHI as a RELATED security because its canonical security name directly matches this event's themes: housing. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • LRE LEAD REAL ESTATE CO LTD

    GA selected LRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DCRE———————
ARI———————
KREF———————
REFI———————
GHI———————
LRE———————

As home prices remain near record highs, about 81% of housing markets in America are overvalued, a new ratings-agency report says, with the Northeast leading the pack.

Source: MarketWatch

Doubleline Commercial Real Estate Debt Etf (DCRE) since “The 10 most overvalued housing markets in America,” compared with the market

Since the first closing price after “The 10 most overvalued housing markets in America,” Doubleline Commercial Real Estate Debt Etf (DCRE) is -0.38%. The S&P 500 fund (SPY) is +1.21% over the same days, a -1.59% difference versus the market.

DCRE
SPY

Who is named in “The 10 most overvalued housing markets in America”

Companies tied to this story

  • DCRE Doubleline Commercial Real Estate Debt Etf

    Doubleline Commercial Real Estate Debt Etf (DCRE) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “The 10 most overvalued housing markets in America.” Reason on file: GA selected DCRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ARI Apollo Commercial Real Estate Finance

    Apollo Commercial Real Estate Finance (ARI) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “The 10 most overvalued housing markets in America.” Reason on file: GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • KREF KKR Real Estate Finance Trust

    For “The 10 most overvalued housing markets in America,” KKR Real Estate Finance Trust (KREF) is linked, with no stored direction, medium confidence. Reason on file: GA selected KREF as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • REFI Chicago Atlantic Real Estate Finance

    Chicago Atlantic Real Estate Finance (REFI) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “The 10 most overvalued housing markets in America.” Reason on file: GA selected REFI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GHI Greystone Housing Impact Investors

    Greystone Housing Impact Investors (GHI) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “The 10 most overvalued housing markets in America.” Reason on file: GA selected GHI as a RELATED security because its canonical security name directly matches this event's themes: housing. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • LRE Lead Real Estate

    In “The 10 most overvalued housing markets in America,” Lead Real Estate (LRE) is linked, with no stored direction, medium confidence. Reason on file: GA selected LRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “The 10 most overvalued housing markets in America” reaches Doubleline Commercial Real Estate Debt Etf (DCRE)

Doubleline Commercial Real Estate Debt Etf (DCRE) is the company in “The 10 most overvalued housing markets in America,” the 14 Sep 2026 this story story.

For Doubleline Commercial Real Estate Debt Etf (DCRE), the reason on file says GA selected DCRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Apollo Commercial Real Estate Finance (ARI): GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Doubleline Commercial Real Estate Debt Etf (DCRE), and the dates in the story

ARI traded between 6.12 and 6.50 across 20 sessions. The latest close on file is 6.33. DCRE traded between 50.68 and 51.23 across 20 sessions. The latest close on file is 50.92. KREF traded between 5.51 and 6.85 across 20 sessions. The latest close on file is 5.69.

How solid “The 10 most overvalued housing markets in America” looks

46 out of 100

“The 10 most overvalued housing markets in America” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.