I was cruising through Realty Times today and found an article about spotting markets for real estate investors.  The article identifies markets that have been projected to have the least likelihood of home price declines.  As a matter of fact, Texas has more of those cities than any other state.

And, the article identifies markets with the most likelihood of home price declines.  It was no surprise to find California at the top of a list of four states that have the most markets likely to keep declining.

Free Global Statistics

The basis for the conclusions in the article came from a report the author referred to as the “PMI Group’s quarterly risk list”.  I was a bit curious about that, so, naturally, I Googled it.

If you’re looking for a high-level view of the market, you might find the PMI site to be a good resource.  The PMI Mortgage Insurance Co. is one of the largest private mortgage insurers in the United States.  They are based in California and have a nationwide network for field sales and underwriting.

If you’re interested in reviewing that “risk list” report yourself, you can find it on the PMI site.  The formal name of the report is the Economic and Real Estate Trends (ERET).  The most recent appendix to that report is available as a PDF online, as is the full report and archived reports.