Risky Business, real estate style
According to a study by PMI Mortgage Insurance Corporation predicts the markets most at risk to have prices decline over the next two years. Topping the list is Boston, MA. Several Southern California areas are on the list including San Diego, Riverside, Los Angeles, Long Beach, Glendale, and Santa Ana.
To read more, including charts for each US region, go here.
And ... we're watching!
The Feds meet tomorrow, with speculation that interest rates will be raised again.