10 Safest Housing Markets, Fall 2006
November 9th, 2006 • Related • Filed Under
Yesterday, we showed you the riskiest housing markets to buy in, now we have the safest markets to puchase a home in according to the PMIÂ Group. These communities the private mortgage industry thinks will show the safest places to buy without fear of a loss of value.
- Pittsburgh, 6.1 percent
- Indianapolis-Carmel, Ind., 6.3 percent
- Memphis, Tenn.-Miss.-Ark., 6.8 percent
- Cincinnati-Middletown, Ohio-Ky.-Ind., 7.2 percent
- Cleveland-Elyria-Mentor, Ohio, 7.4 percent
- Columbus, Ohio, 7.4 percent
- Fort Worth-Arlington, Texas (MSAD), 7.6 percent
- San Antonio, Texas, 7.8 percent
- Nashville-Davidson-Murfreesboro, Tenn., 8.6 percent
- Houston-Sugar Land-Baytown, Texas, 8.8 percent
The percentage is the probability determined by the PMI Institute that housing prices in that market sector will go down 10 percent or more in the next two years. Pittsburghs chance of losing 10 percent is 6.1 percent making the city the safest investment according to the PMI Group.
Great points Tom - the flavor of the day solution is only adding to the instability and volatility.
When Washington ...
I see it all too often where owners decide to be investors without understanding that tenants have rights. Its ...
cont from above post.....
please contact me via e-mail if interested in the home listed
above.
jonieckstrom@yahoo.com 
This is a topic currently being debated in our local Real Estate Board here in Toronto Canada. Online, we ...
A property management company should realize that most potential tenants now will have a foreclosure or bankruptcy on their credit....as ...
my boyfriend and i just fell for the scam ourselves, it's sad what they are able to do. I am ...
Now is an excellent time for business people to buy if they have decent credit (I did not say excellent ...
I just finished emailing some guy from "West Africa" who gave me the same exact bs. He even went so ...
Pingback by Housing Slump Headed Here? | Pittsburgh Homes Daily on 14 November 2006:
[...] Throw into the mix some statistics from the ground that the average sales price in Pittsburgh for the first 9 months of the year was up $5,000 (over two percent) from the first 9 months of last year.  Stir in Pittsburgh’s spot as #1 on the PMI list of the 10 safest housing markets (courtesy of the Real Estate Bloggers). [...]
Comment by CJ on 30 January 2010:
No way, San Francisco should be on the list.