if they're in the same neighborhood or same street/block. it all affects the nat average and buying power morts rates. NJ and Alaska did not see much depreciation till last yr. But of course inAlaska most people live in trailers and live of th land. S Palin was park ranger for the worlds largest campground. NJ has the highest $millionaire/billionaire rate per capita @18%
What do you mean? If you foreclose you are ineligible for a new mortgage for at least 3 years regardless of state. If you mean home values affecting your home, then only if you live very close to a state line where comps are within 10 miles.