PMI on Sacramento: 58% Risk of Home Price Declines
PMI Mortgage Insurance Co. released the results of their latest risk study:
"Fourteen of the top 50 MSAs now have risk scores above 500, meaning they face a 50 percent or greater risk of home price declines in the next two years, up from 11 MSAs last quarter."
- San Diego-Carlsbad-San Marcos, CA (598)
- Santa Ana-Anaheim-Irvine, CA (589)
- Boston-Quincy, MA (588)
- Nassau-Suffolk, NY (586)
- Riverside-San Bernardino-Ontario, CA (579)
- Sacramento-Arden-Arcade-Roseville, CA (577)
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