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Soft Landing Likely, Despite Greater Risk of Price Declines Shown by PMI Mortgage Insurance Co.'s Winter U.S. Market Risk Index; Many Markets See Slower
WALNUT CREEK, Calif. -- According to the PMI U.S. Market Risk Index, issued today, home price appreciation slowed in 32 of the nation's 50 largest housing markets, and many markets face an increased chance of price declines. The continued strength of the economy, however, bodes well for a "soft landing" of the nation's housing market, according to Mark Milner, Chief Risk Officer of PMI Mortgage Insurance Co.(Continue Reading)
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