By The Tim on June 20, 2007
The latest report from the PMI Group has been released, and the news is increasingly bad for Seattle:
Click to enlarge
As noted on the graph, PMI did improve their model with this latest report, so while Seattle’s new Risk Index of 343 is not directly comparable to its previous index of 167, the news still doesn’t [...]
| Tagged affordability, PMI, Risk Index
By The Tim on January 29, 2007
The latest PMI report (pdf) is out, and much to no one’s surprise, Seattle’s risk index has increased yet again.
Click to enlarge
Jumping 14 points from the fall to a total of 167, Seattle now boasts a PMI that is 2.6 times its Summer 2005 low of 64. Although Seattle’s Risk Index is still a [...]
| Tagged affordability, PMI, Risk Index
By The Tim on September 26, 2006
Mercer Island Guy pointed out that I haven’t yet posted on the latest PMI report that was released last week.
Rapidly slowing appreciation and declining affordability contributed to a marked increase in the risk of home price declines in cities across the country, PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. reported [...]
| Tagged affordability, PMI, Risk Index
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