Too Hot Not To Cool Down

We keep hearing about the inevitable cool-down in real estate prices, but where? Local Market Monitor LLC of Boston-based is making notes and taking names: Tops on its list of overvalued areas are two second-home favorites:

* Santa Barbara, CA by 86%
* Naples, FL by 72 %

What do the numbers mean? These spots had most appreciation over last five years-- and thus are most likely to drop in value.