Items Tagged with 'Mark F. Milner'

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  • PMI: Risk of Price Declines Continues to Increase

    Continued deceleration in home price appreciation and decreased affordability caused the risk of home price declines to rise in cities across the country, PMI Mortgage Insurance Co. reported today. PMI U.S. Market Risk Index scores increased for 34 of the nation's 50 largest MSAs, resulting in an increase in the average score from 328 to 342, which translates into a 34.2 percent chance that home prices will decline in two years. Nineteen MSAs face a greater than 50 percent chance that home prices will decline, up from 18 last quarter.
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