If a picture's worth a thousand words, this chart has to be valued more than 10 times that. Detroit is literally off the chart. The big losers, other than the Motor City, are sprawling Sun Belt metros: the Miami, Tampa, Orlando, So-Flo Triangle; So-Cal's once-vaunted Inland Empire, L.A. and San Diego; Las Vegas; Portland; and Rustbelt cities Buffalo, Rochester, and St. Louis.
The big winners: D.C. and Baltimore. NY and Boston also do well, along with Silicon Valley and San Francisco, Austin, Seattle, and Denver. Salt Lake City and Oklahoma City are also in very good shape, as well as, surprisingly, certain Rustbelt Cleveland and Milwaukee.