Rare exception to the All Maps Are Population Maps Rule : “First, nationwide home values are declining slightly—but noticeably—for the first time since the 2008 recession. Second, that decline has been regionally concentrated in the Western US—all of the major metro areas with substantial price declines in the Zillow Home Value Index are in the West Census region, with California hit particularly hard.”

https://www.apricitas.io/p/the-housing-credit-crunch