PMI Mortgage Insurance Co. Rates San Antonio A Low Risk Market
July 4, 2008
The PMI U.S. Market Risk Index is based on data including the OFHEO House Price Index, labor market statistics from the Bureau of Labor Statistics, and the PMI Affordability Index, which uses local per capita household income, home price appreciation, and a blended mortgage rate to calculate the local share of mortgage payment to income relative to its baseline year of 1995. The PMI U.S. Market Risk Index scale ranges from one to 100 and translates to a percentage. For example, a score of 50 indicates a 50 percent chance that home prices will be lower in two years.
PMI Summer 2008 PMI U.S. Market Risk Index
As you can see San Antonio is one of only 14 markets rated a low risk in the United States. If your an investor looking to enter the San Antonio Market or maybe an local investor looking for more properties, we can help. Our group specializes in finding then wholesaling single-family and multifamily properties to other investors. Register below if you like to join our Buyers List for investment properties in the San Antonio area.
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Source: PMI Group, Inc
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