Search

Thursday, May 31st, 2012

Infographics of the Week: Underwater Mortgages, NYC Tech

Home prices web site Zillow is out with an interactive map showing the percentage of of the mortgages in America that are believed to be underwater. It’s pretty scary. Here’s a static version:

h/t Atlantic Cities

NYC Tech

Mashable ran a recent article noting that New York City is now America’s fastest growing tech hub that included this infographic:

Richard Florida also chimed in with a follow-up on New York’s tech scene.

5 Comments
Topics: Technology
Cities: New York
Tags: ,

5 Responses to “Infographics of the Week: Underwater Mortgages, NYC Tech”

  1. Zathras says:

    This could be somewhat interesting, but from my experience Zillow’s data on expected home values is really, really poor quality. So I wonder how much this affects the macro picture.

  2. flavius says:

    Interesting that there is a rust-belt band of underwater mortgages from Rockford, IL to Cleveland, but Pittsburgh is under 20%.

  3. DBR96A says:

    Pennsylvania has had superior lending oversight compared to other states. This explains why the Pennsylvania/Ohio state line is so visible, and also why the New Jersey suburbs of Philadelphia are worse off than the Pennsylvania suburbs. And the worst counties in Pennsylvania are those that border New York, New Jersey and Maryland. Real estate is cheaper in Pennsylvania than in any of those other states, so those border counties eventually became part of the exurban fringes of New York and Washington DC/Baltimore. Thankfully, York County is the only one of those underperforming counties with a population over 180,000.

  4. Eric says:

    Re mortgages: interesting which states (Kansas, South Dakota, Alabama) are doing much better than their immediate neighbors. Why?

    Re tech: NYC is a natural hub for anything, and I’m just glad the focus is shifting from professions like investment banking which don’t help society, to tech which does.

  5. Eric says:

    Um, I think I take back my mortgage question. I read grey as “0%”, not “no data”.

The Urban State of Mind: Meditations on the City is the first Urbanophile e-book, featuring provocative essays on the key issues facing our cities, including innovation, talent attraction and brain drain, global soft power, sustainability, economic development, and localism. Included are 28 carefully curated essays out of nearly 1,200 posts in the first seven years of the Urbanophile, plus 9 original pieces. It's great for anyone who cares about our cities.

Telestrian Data Terminal

about

A production of the Urbanophile, Telestrian is the fastest, easiest, and best way to access public data about cities and regions, with totally unique features like the ability to create thematic maps with no technical knowledge and easy to use place to place migration data. It's a great way to support the Urbanophile, but more importantly it can save you tons of time and deliver huge value and capabilities to you and your organization.

Try It For 30 Days Free!

About the Urbanophile

about

Aaron M. Renn is an opinion-leading urban analyst, consultant, speaker, and writer on a mission to help America’s cities thrive and find sustainable success in the 21st century.

Full Bio

Contact

Please email before connecting with me on LinkedIn if we don't already know each other.

 

Copyright © 2006-2014 Urbanophile, LLC, All Rights Reserved - Copyright Information