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PMI Risk Index: San Diego and Long Island, NY Top The Riskiest List

The PMI Group released their U.S. Market Risk Index [1] and it showed that the risk of falling real estate markets was offset by the strength of the economy. They use the OFHEO Home Price Index to measure appreciation patterns and track affordability.

To view these charts in full and download the report [pdf] [2]

Here are the salient points:

To listen to the PMI podcast [3]

There’s also a great table in the report that provides the best and worst senarios for mortgage payments.