Markets With Nowhere to Go but Up

For Immediate Release On: 7/3/2008

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Daily Real Estate News at

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.

Source: PMI Mortgage Insurance Co. (07/01/2008)
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 (read the whole list of metro areas ranked on the risk index):

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

About Trenka & Associates: Trenka & Associates is one of Downtown Denver's leading Real Estate Companies. http://www.condosandlofts.com

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