Nov. 12, 2006 - 10 Riskiest US Housing Markets - Fall 2006
 The Real Estate Bloggers is "Real Estate, Mortgage, and Development News"
Last week The Real Estate Bloggers posted: 10 Riskiest Housing Markets Fall 2006 - Columbus is NOT on the list!
Followed by 10 Safest Housing Markets Fall 2006 - Columbus IS on the safest list
According to The Real Estate Bloggers:
"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. "
Columbus is number 6 on the safest list.
San Diego-Carlsbad-San Marcos, CA
Sacramento-Arden-Arcade-Roseville, CA
Oakland-Fremont-Hayward, CA
Santa Ana-Anaheim-Irvine, CA
Nassau-Suffolk, NY
Riverside-San Bernardino-Ontario, CA
Boston-Quincy, MA
Providence-New Bedford-Fall River, RI-MA
Los Angeles-Long Beach-Glendale, CA
San Jose-Sunnyvale-Santa Clara, CA
San Francisco-San Mateo-Redwood City, CA
Edison, NJ
Cambridge-Newton-Framingham, MA
New York-White Plains-Wayne, NY-NJ
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
Las Vegas-Paradise, NV
Washington-Arlington-Alexandria, DC-VA-MD-WV
Newark-Union, NJ-PA
Miami-Miami Beach-Kendall, FL
Baltimore-Towson, MD
Virginia Beach-Norfolk-Newport News, VA-NC
Tampa-St. Petersburg-Clearwater, FL
Minneapolis-St. Paul-Bloomington, MN-WI
Detroit-Livonia-Dearborn, MI
Phoenix-Mesa-Scottsdale, AZ
Orlando-Kissimmee, FL
Warren-Troy-Farmington Hills, MI
Atlanta-Sandy Springs-Marietta, GA
Denver-Aurora, CO
Philadelphia, PA
New Orleans-Metairie-Kenner, LA
Portland-Vancouver-Beaverton, OR-WA
Seattle-Bellevue-Everett, WA
Chicago-Naperville-Joliet, IL
Milwaukee-Waukesha-West Allis, WI
St. Louis, MO-IL
Austin-Round Rock, TX
Kansas City, MO-KS
Charlotte-Gastonia-Concord, NC-SC
Dallas-Plano-Irving, TX
Houston-Sugar Land-Baytown, TX
Nashville-Davidson-Murfreesboro, TN
San Antonio, TX
Fort Worth-Arlington, TX
Columbus, OH
Cleveland-Elyria-Mentor, OH
Cincinnati-Middletown, OH-KY-IN
Memphis, TN-MS-AR
Indianapolis-Carmel, IN
Pittsburgh, PA
The PMI Institute published this list in September 2006.
"A complete copy of the Fall 2006 PMI ERET report, a podcast of results, and an appendix that provides data for all U.S. MSAs is available at http://phx.corporate-ir.net/phoenix.zhtml?c=63356&p=irol-publications."
"The PMI Economic and Real Estate Trends (ERET) containing the US Market Risk Index is published quarterly by PMI Mortgage Insurance Co., a subsidiary of The PMI Group, Inc. The Risk Index is a proprietary statistical model that measures geographic house-price risk by predicting the probability of a regional decline in home prices in the nation's 50 largest metropolitan statistical areas (MSAs) and metropolitan statistical area divisions (MSADs) over the next two years. The PMI U.S. Market Risk Index is based on the House Price Index from the Office of Federal Housing Enterprise Oversight (OFHEO), labor market statistics from the Bureau of Labor Statistics, and the PMI Affordability Index, which uses local median household income, home price appreciation, and the price of a conventional mortgage to calculate the local share of mortgage payment to income relative to its baseline year of 1995."
c. 2006 Columbus Best Blog
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Monika: You may be able to find more info on the PMI site, I think they broke it down lower than the 50 major markets."A complete copy of the Fall 2006 PMI ERET report, a podcast of results, and an appendix that provides data for all U.S. MSAs is available at http://phx.corporate-ir.net/phoenix.zhtml?c=63356&p=irol-publications."
Since Columbus is there on the SAFE list I did no further research... oh, OK a little more research. 
