Real estate search site HotPads.com has released an interactive heat map that links political party affiliation of districts to the housing market, with their first map release in 2008. Today, the 2010 interactive map has been released, revealing shocking results.
In some aspects, Republican districts come out on top and in others, Democratic districts look good. With midterm elections around the corner and voting having begun in many areas combined with a foreclosure crisis and toppled housing market, both consumers and real estate industry professionals will be taking a close look at what is best for the housing sector as they cast their vote.
Right now, Republican districts have a 31% higher foreclosure rate than Democratic districts, but the 25 most Liberal districts have a 60% higher foreclosure rate than the 25 most Conservative.
Although Democrats make up 27 of the 50 worst performing districts, they experienced a 10.2% drop in foreclosure rates since the 2008 elections while Republican districts jumped up 8.6%.
Looking at the interactive map on a local level is quite revealing as well- how does your district in compare to the national overview?
