There are some nice visualizations at http://flowingdata.com/2009/03/13/27-visualizations-and-infographics-to-understand-the-financial-crisis/ that explain some of the economic news of the past year. Be sure to click the image to get a bigger view!
Here is an example visualization:
Visualization of housing effects on economy
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Posted by deandretske
I found this clip to be very interesting for the historical perspective. Also implies that we have not hit the bottom on a national average.
I also just read that the median price of sold houses in Detroit in Dec 08 was $7500. Here in Tulsa is was closer to $125K.
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Posted by deandretske
