Real Estate
Click Here To See How Much Amherst Home Values Have Changed Since 2004
The Washington Post analyzed housing prices before and after the financial collapse as part of its The Divided American Dream series.

By Marc Torrence/Patch
Have property values increased or decreased in Amherst since 2004, when housing prices began to bubble only to collapse in 2007? Has it recovered since then?
Those are the questions The Washington Post set out to answer, not just for the country overall but for individual towns and neighborhoods, a total 19,000 U.S. zip codes as part of its The Divided American Dream series.
Find out what's happening in Amherstfor free with the latest updates from Patch.
The results: One of the more impressive and useful interactive maps you'll ever use.
Post staffers Ted Mellnik, Darla Cameron, Denise Lu, Emily Badger and Kat Downs used data from Black Knight Financial Services to compare home prices from 2004, just as real estate prices started to skyrocket, to 2015.
Find out what's happening in Amherstfor free with the latest updates from Patch.
The data does not account for inflation but does correct for foreclosures and distressed sales to better reflect home values, the Post said.
In Brooklyn, New York, for example, home prices have increased by 146 percent since 2004. But in Decatur, Georgia, a suburb outside of Atlanta, prices are down 25 percent.
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