Industry NewsMarkets & Economy

Top 10 most risky, least risky real estate markets

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

See related article:Risk wanes for real estate price declines Seven of the 10 housing markets with the highest risk of price declines in the next two years are in Florida, according to an analysis by PMI Mortgage Insurance Co. PMI's Risk Index, which takes into account factors including unemployment, foreclosures, inventory levels and price volatility, showed six of the 10 least risky markets during the fourth quarter were in North Dakota and Iowa. The risk of home-price declines decreased in 93 percent of the 384 markets tracked, PMI said, largely because of improvements in affordability and declining foreclosure starts (see story). 10 riskiest housing markets 1. Naples-Marco Island, Fla. 2. Lake Havasu City-Kingman, Ariz. 3. Cape Coral-Fort Myers, Fla. 4. Lakeland-Winter Haven, Fla. 5. Palm Coast, Fla. 6. Miami-Miami Beach-Kendall, Fla. 7. Port St. Lucie, Fla. 8. Riverside-San Bernardino-Ontario, Calif. 9. Las Vegas-Paradise, Nev. 10. Fort Laude...