Jumat, 29 April 2011

Map of the U.S. Housing Bubble: Virginia in Top Tier For Soaring Prices 2000-2006

Awesome map via The Big Picture.  Notice how Virginia, in the left map, is in the top 5 for run-up in prices.  But in the right purply map, Virginia prices haven't fallen as fast.  Downstate (outside NOVA) the correction lags by 18+ months.  The Charlottesville Area bubble correction gathered downward, more rapid momentum on expiration of the Fed Homebuyer Tax Cred April 30, 2010.

And since then

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