PMI: growing risk of price declines

Increasing unemployment and foreclosure rates kept home prices down without relieving pressure on balooning inventories, boosting the risk of price declines in all but a dozen of the nation's 381 metro areas within the next two years, mortgage insurer PMI Mortgage Insurance Co. said.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.