Report Shows Housing Markets Cooling
The U.S. Market Risk Index shows that while some housing markets are cooling, the economy has cushioned the decline in home prices. The report, released by PMI Mortgage Insurance Co. on Tuesday, reported an average risk score for the country’s largest metro areas of 288 for the first quarter. The score was up one point from fourth quarter 2005 and up 70 points from the first quarter 2005.
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Posted on Saturday, July 1st, 2006. Filed under: Real Estate Misc, Real Estate Investing
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