Tuesday, June 19, 2007

Homes prices most at risk in once-hot markets

(Reuters) - "What the markets with the greatest risk of decline have in
common is a history of price volatility: rapidly rising rates
of price appreciation above the long-term average followed by a
recent sharp slowdown in the rate of appreciation," said Mark
Milner, chief risk officer of The PMI Group Inc. unit
PMI Mortgage Insurance Co., which released the report.




"Markets with a history of volatility are more likely to
see price declines in the future," Milner added.


Read more at Reuters.com Bonds News

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