California only state with lowered home-price risks, by this math

California was the only state to get its risk grade lowered in a Wall Street credit-quality watcher’s latest scoring of U.S. housing markets.
After looking at 2019’s third quarter stats, Fitch Ratings found the state’s housing prices, up 4.1% in a year, as “sustainable” — that’s the mid-range score between “overvalued” and “undervalued.” Fitch tracks various real estate and economic metrics to gauge if the underlying fundamentals