Another beautifully terrifying home-price map
This is a graphic that the Fed's Ben Bernanke used in a recent talk. What's interesting is how many states don't have housing-price declines -- of course the green states typically have lower populations, too. The data are only through the end of 2007. Thanks to Calculated Risk for the pointer. 
Comments
When the foreclosure epidemic was limited to the rustbelt, especially Ohio and Michigan, no one on the east or west coasts cared a bit.
NOW it is a disaster, because it has hit the east coast and the west coast.
Huh.
Posted by: save_the_rustbelt | May 6, 2008 2:17 PM
Jay,
I live in Portland, Oregon. Although the map shows home prices in my county to be up 2%, the reality is not that simple here. Overall, home prices here have dropped considerably. But in the best neighborhoods of greatest demand and highest priced homes, the prices have held up and even increased by 5%. That is what is making the average home price statistic look like a 2% increase.
Posted by: mark childreth | May 7, 2008 8:52 PM