PMI Group, one of the nation's largest insurers of home mortgages, says there are five areas of the country with a risk of price declines over 50%. All are in the Northeast or California. Boston continues to lead the list with a 55% chance of price declines. San Diego, with a 53.6% chance, has jumped over Long Island with 53.2%. Pittsburgh is last at 5.4%.
Thursday, October 20, 2005
PMI Group Gives Warning
Business Week reports:
