Housing
Where Home Values Have Plummeted the Most Since the Recession
An uneven geography of disappearing wealth.
Since the start of the recession, median home values have dropped across America's largest cities: in New York (by about $40,400), in Los Angeles ($124,100), in Phoenix ($80,400) and Miami ($94,300). Thirty-five of the 50 largest cities in the country saw a significant decline, comparing the American Community Survey data from 2010-2012 to the 2007-2009 stretch encompassing the recession.
Slice the data at the county level, and the number is even higher: Home values dropped in 43 of the 50 largest counties.