14 Markets With
Nowhere to Go but Up
PMI Mortgage Insurance Co., has ranked
the nation’s 50 largest metropolitan statistical areas according to
the risk that home prices will decline further during the next two
years. The highest risk is in areas where home price growth was the
greatest during the housing boom. The lowest risk of prices
declining further is in areas where affordability has increased.
PMI identifies these areas as having a
less than 1 percent risk of home prices declining further:
-
Milwaukee-Waukesha-West Allis, Wis.
-
Cleveland-Elyria-Mentor, Ohio
-
Austin-Round Rock, Texas
- Denver-Aurora, Colo.
-
Charlotte-Gastonia-Concord, N.C.-S.C.
- Kansas City,Mo.-Kan.
- Columbus, Ohio
- Cincinnati-Middletown,
Ohio-Ky.-Ind.
- Indianapolis-Carmel,
Ind.
- San Antonio, Texas
- Houston-Sugar
Land-Baytown, Texas
- Pittsburgh, Pa.
- Dallas-Plano-Irving,
Texas
- Fort Worth-Arlington,
Texas
Source: PMI Mortgage Insurance Co.
(07/01/2008)
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