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California Tops PMI's Risk Index
Based on a 1000 point scale, that score translates into a 34.2 Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • California Tops PMI's Risk Index
    Based on a 1000 point scale, that score translates into a 34.2 Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE