Irish Mortgage Brokers Blog

This is a visualisation of a heat-map by eBay, the yellow areas are those that have reduced transactions compared to last year, the red areas are those that have increased transactions. Now look at where the two colours are occurring. The yellow tends to be widely spread out across the country, but red is in every property bubble hotspot, Nevada, Florida, and Florida. Other places like Detroit are just plain out depressed markets where online shopping may offer a better array of goods than the ever decreasing supply of rapidly closing down retailers. New England is also a big red zone, sadly I don’t have a particular theory for that!