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Housing Prices Heat Map

By Catherine Rampell(New York TImes)

A reader sends in the following very cool map, which shows home prices in each state each quarter, relative to that state’s long-term trend. Red represents housing prices above the long-term trend, and blue represents prices below it. Note how many states were still red by the end of 2008. This may indicate that home prices have further to drop:

Click on link below

Heat Map.

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