The report shows that homes in California's Central Valley are more expensive than they should be

Report shows homebuyers in Modesto, California, are paying 30% more for their new homes than what they're worth. Report: Homes in California's Central Valley are higher than they should be, report shows. Homebuyers are paying more than 30% for their homes than they are worth, report says.

Report shows Central Valley homebuyers are paying 30% more for their new homes than their expected value. Modesto and Stockton buyers are paying around 30% higher for new homes. Report: Those looking to buy homes in Modesto, Stockton are paying more.