TITLE

REPORT PREDICTS LAS VEGAS HOUSING PROBLEMS WILL PERSIST

AUTHOR(S)
Robison, Jennifer
PUB. DATE
June 2008
SOURCE
Las Vegas Business Press (10712186);6/2/2008, Vol. 25 Issue 22, pP20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article discusses a forecast made by mortgage insurance company PMI for housing prices in Las Vegas, Nevada, in 2008. PMI expects housing prices in the city to decline. The firm based the assessment on its Spring 2008 Risk Index. It also stated that only Riverside-San Bernardin-Ontario, California, shows a higher likelihood of price declines.
ACCESSION #
32781566

 

Related Articles

  • Local housing prices poised for decline, insurer says. Robison, Jennifer // Las Vegas Business Press (10712186);6/2/2008, Vol. 25 Issue 22, pP17 

    This article reports on a forecast made by mortgage insurance company PMI for housing prices in Las Vegas, Nevada, in 2008. PMI expects housing prices to decline. It is noted that PMI's assessment of prospects for the market is important because the company insures banks against losses from...

  • Odds are 9 1.4% Tucson home prices will fall.  // Inside Tucson Business;1/19/2009, Vol. 18 Issue 33, p1 

    The article presents the results of a survey which reveal a 91.4% possibility for home prices to drop at the end of September 2010 in Tucson, Arizona. According to the article, the city is not alone as the risk index developed by PMI Group Inc. found that 369 of the 381 largest metropolitan...

  • PMI touts Global Housing Efforts.  // National Mortgage News;3/29/2004, Vol. 28 Issue 27, p16 

    The role that PMI Group, Walnut Creek, California, plays in many countries around the world is to bring safety and profitability to the housing finance system, a company executive told the Northeast Regional Conference of Mortgage Bankers Association. PMI started a public/private partnership...

  • PMI Identifies Risky Housing Markets.  // Mortgage Servicing News;Sep2007, Vol. 11 Issue 8, p12 

    The article reports the PMI Mortgage Insurance Co. has released its Summer 2007 U.S. Market Risk Index in San Francisco, California. PMI has identified the risky housing markets and the 50 largest metropolitan statistical areas according to the likelihood that home prices will be lesser in two...

  • Sales May Trend Upward. Collins, Brian // National Mortgage News;6/8/2009, Vol. 33 Issue 36, p19 

    The article presents the forecast concerning the homes sales in the U.S. for 2009 as the crises is hitting various sectors of the nation. Accordingly, economists predict the home prices will still fall and foreclosures will increase until the job market will improve in 2010. Economist David...

  • Housing Horizon. Colter, Allison Bisbey // American Banker;7/9/2009, Vol. 174 Issue 130, p7 

    This article discusses projections by housing market analysts at the mortgage insurer PMI Group Inc. indicating that home prices will continue to decline between 2009-2011. The financial risk estimates for mortgages in states including Florida, California, Nevada and Arizona are considered. Risk...

  • Home Values Uncertain. Cornwell, Ted // Origination News;Sep2008, Vol. 17 Issue 12, p29 

    The article reports on the uncertainty of home values in the U.S. Mortgage insurer PMI Mortgage Insurance Co., claims that housing values continued to decline in many other areas of the country. It says that metropolitan areas with the highest risk of further price declines remain concentrated...

  • PMI risk index finds recession battering home-price outlook.  // Mortgage Banking;May2009, Vol. 69 Issue 8, p9 

    The article reports on the projection of PMI Mortgage Insurance Co. about the continuous decline of the U.S. house prices through 2010 due to economic recession. PMI reports that 21 out of 50 largest metropolitan statistical areas (MSAs) are in the highest risk category. It was found out that 98...

  • Southern Calif., f Northeast Top List Of Riskiest Markets.  // Mortgage Servicing News;Oct2005, Vol. 9 Issue 9, p14 

    Reports that four California markets have joined Long Island, New York, and Boston, Massachusetts, making the nation's short list of housing markets with the highest risk of price declines. "U.S. Market Risk Index" issued by PMI Mortgage Insurance Co.; Home price appreciation in many markets...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics