Dallas Very Low Risk for Home Price Reductions

“Low risk” — two words most people love to hear these days.

The PMI Group released a report rating the likelihood of home price reductions in over 300 U.S. markets. Dallas was listed as a very low risk city (fifth from the bottom), with a 14.6 percent change of lower home prices two years from now. Miama and Las Vegas tied for “first place” — both have a 99.9 percent chance for declining home prices.

Read Steve Brown’s report for a few more details.

Tags: Economy, Housing market