Home Values And Foreclosures

November, 2013

The effect of the Great Recession's housing-market blow can be found in nine cities. Above, we highlight in the left columns how median home sales prices in each city changed before and during the recession (2006-2009) and, in the right columns,their change during the subsequent "recovery" (2010-2012). Surrounding each bubble is the total number of foreclosures in each city during the same periods. Bismarck, North Dakota escaped unscathed-being in the middle of an oil boom has its perk...