Saturday, December 22, 2007

The Housing Crash in Warren County

Here is a chart based on data in County Business Patterns. Usually there is a considerable lag in CBP data, but there is this is special series they are running on building permits that is very up-t0-date, with data by month.

I put this together in August for permits in Warren County, basically aggregating data for each year. As one can tell there's been a drastic drop in permits in 2006 and 2007.
Warren was one on of the fastest growing countys in Ohio, so it's a good place to see the difficulties in the real estate economy play out, more on the new homes side of real estate/home finance.

1 comment:

Ubu Rex said...

Housing crash? Why there's a new crack house appearing in East Dayton almost every week!