Interactive Map: Percentage of Home Loans Underwater
May 28, 2012
How cool is this interactive map I found on Zillow.com? It breaks down the percentage of home loans underwater city by city. The darker the red, the worse off the area.
I included a few cities that I found interesting while playing around with the app: Manhattan seems to be doing well, especially compared to neighboring New Jersey. Meanwhile, my home town Miami continues to be a complete disaster. San Francisco and Silicon Valley are doing well and appear to be benefiting from all of the new wealth in the area. And I threw in a map of Fargo, North Dakota where very few home loans are underwater and business is booming.
Interesting stuff right?
Source:
The US Housing Crisis: Where Are Home Loans Underwater (Zillow)