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House Price Risk Map (from the report linked below)

PMI Mortgage Insurance company released their updated report of the U.S. Market Risk Index. The reports looks at what areas are at risk of having lower housing prices in the next 2 years.

All but two of the 13 highest-risk markets were in California and Florida. In California, the report noted, markets in the Central Valley and Southern California are weaker than those in Northern California , where employment continues to be strong.

The metropolitan statistical areas (MSAs) with the highest risk scores were Riverside, Calif., where PMI forecasts a 94 percent chance of a two-year price decline; Las Vegas (89 percent); and Phoenix (83 percent).

You can download the report here

Written by Keith Byrd - Go to Keith's Website/Profile