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When will collapsed U.S. real estate prices regain their prior peaks?

By
Home Inspector with Safe@Home Inspections, LLC in SE Washington 215

This handy little map from the folks at Moody's is a bit pessimistic but interesting.

 moodys re

 Especially insteresting to me is the pattern at the coasts.  There are definitely some places where the pain will continue for a while.  Moody's doesn't expect  California to recover until 2030.  Ouch!

When do you figure we'll recover to peak levels? 

 

h/t Barry Ritholtz @ http://www.ritholtz.com/blog/

Comments (2)

Elizabeth Bolton
RE/MAX Destiny Real Estate Cambridge, MA - Cambridge, MA
Cambridge MA Realtor

Hi Paul ~ That's very interesting!  The patterns are fascinating - I'm in the variegated east coast but the big swaths of solid colors in some parts of the country are something to see, as are the most hard hit areas.  Who knows the answers to the future - I wish I did.  Thanks for posting this.

Liz

 

Sep 19, 2009 11:02 AM
Paul Duffau
Safe@Home Inspections, LLC in SE Washington - Asotin, WA
Caring for People, Educating about Homes

Thanks for swinging by, Liz.

I don't know what the answer is either - my crystal ball has been on the fritz.  Somewhere along the line, some sharp thinker is going to correlate these back to demographic stats.  That's when it'll get really interesting.

Sep 20, 2009 11:24 AM