Stolen from RealtyTrac, via Portland Housing Blog:

Heck, can’t post the image for some reason….it’s today’s post here.

Click on the map to enlarge it.

Here is the map directly from RealtyTrac...

Not that surprising overall… except Ohio being mostly pink. That is strange considering even their bubble prices seemed fairly reasonable, especially for areas like Columbus where you can actually earn a decent salary in a professional field.

NewToOC - 21 July 2008 10:40 AM

Not that surprising overall… except Ohio being mostly pink. That is strange considering even their bubble prices seemed fairly reasonable, especially for areas like Columbus where you can actually earn a decent salary in a professional field.

I was in Columbus back in October and I noticed that there was a ton of overdevelopment. There were so many places renovated downtown that were just sitting empty, even with prices that seemed so reasonable. We could pay cash for a home out there! But again, I think more building took place than there were buyers for. Also, Ohio was so dependent on manufacturing, so many of their jobs have been outsourced, which only serves to weakend demand.