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.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top