Bradenton Florida Real Estate News

Tuesday, January 17, 2006

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Which Way, Home Prices? 50 Riskest Markets
A study released by PMI Mortgage Insurance Co. finds a greater chance that home prices will fall in selected U.S. markets, but it also envisions a soft landing for the red-hot housing market. The highest Florida city in danger of a price decline is the Fort Lauderdale metropolitan statistical area (MSA) at No. 16 on the top 50 list.

According to the PMI U.S. Market Risk Index issued today, home price appreciation slowed in 32 of the nation's 50 largest housing markets, and many markets face an increased chance of price declines. The continued strength of the economy, however, bodes well for a "soft landing" of the nation's housing market, according to Mark Milner, Chief Risk Officer of PMI Mortgage Insurance Co.

Would you like a copy of the report with it's list of the 50 riskiest markets? Send me an email and I'll send it to you. Ask for the PMI Report. Contact Form:


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