Here's another one guys.
Notice of all the Texas cities on the list. Texas truly is a great place live and own Real Estate!
Daily Real Estate News | July 3, 200814 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 (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
Source: PMI Mortgage Insurance Co. (07/01/2008)
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