Denver is 1 of Only 12 of the nations 50 Metropolitan areas have a low risk of price declines, according to the PMI Mortgage Insurance company's Winter 2008 Market Risk index. This index is based on the 3rd quarter Office of Federal Housing Oversight data, and ranks the 50 largest metropolitan areas according to the likelihood in price declines. 12 of these metropolitan areas have a 1% or less risk of price declines. Denver is one of the twelve low risk areas. Areas that had the highest price run-ups in recent years are at highest risk of price deterioration.

http://www.rockymountainnews.com/news/2008/jan/16/metro-area-home-values-likely-hold/

Posted in Headlines, Real Estate Market Conditions

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