Jay Hancock's blog: Good, bad & ugly regional housing stats - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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March 31, 2010

Good, bad & ugly regional housing stats

Great chart from the New York Fed, via Barry Ritholtz, showing which areas boomed and crashed, which areas boomed and didn't crash, and which areas didn't boom and crashed anyway (Detroit). The horizontal X axis shows home price changes from 2000 to 2006 (the boom, if there was one). The veritcal Y axis gauges price changes from 2006 to 2008 -- the bust.

Posted by Jay Hancock at 11:14 AM | Permalink | Comments (1)
Categories: The Great Recession

Comments

The foreclosure and bankruptcy rates (2002 - 2005) in Ohio and Michigan could have served as a warning sign for the rest of the country, but nobody cared and no one wanted to interrrupt the party.

Posted by: save_the_rustbelt | March 31, 2010 4:28 PM

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter