Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

50 States by Appreciation Rate

(April 2010 Data, Ranked Worst to Best in Percent Decline from
Peak--Includes District of Columbia)

Rank      State                Peak Month   % Decline   12-Month HPI
                                            Since Peak      Change
                                                        (April 2010)

1        NEVADA                MAY 2006      -52.46%      -4.60%
2        ARIZONA               JUNE 2006     -46.42%      -7.38%
3        MICHIGAN              NOV. 2005     -46.22%      -1.11%
4        FLORIDA               SEPT. 2006    -45.51%      -3.54%
5        CALIFORNIA            MAY 2006      -38.53%       7.34%
6        IDAHO                 JUNE 2007     -33.39%      -7.17%
7        RHODE ISLAND          OCT. 2005     -31.39%       3.63%
8        MARYLAND              JULY 2006     -27.64%      -4.34%
9        UTAH                  JULY 2007     -27.02%      -1.73%
10       ILLINOIS              OCT. 2006     -25.60%      -5.80%
11       VIRGINIA              MAY 2006      -24.94%       6.54%
12       WEST VIRGINIA         AUG. 2005     -24.41%      -1.06%
13       MINNESOTA             APRIL 2006    -24.35%       2.78%
14       NEW JERSEY            JUNE 2006     -22.67%      -1.75%
15       OREGON                JULY 2007     -22.66%      -2.62%
16       CONNECTICUT           JUNE 2007     -22.54%      -1.02%
17       WASHINGTON            JULY 2007     -22.33%      -3.70%
18       NEW MEXICO            JUNE 2007     -21.91%      -2.17%
19       MASSACHUSETTS         OCT. 2005     -21.68%       7.39%
20       WYOMING               SEPT. 2007    -21.00%      -1.76%
21       GEORGIA               AUG. 2007     -20.70%       0.24%
22       MISSISSIPPI           OCT. 2007     -17.62%      -3.67%
23       OHIO                  OCT. 2005     -16.72%       3.92%
24       MISSOURI              SEPT. 2006    -15.39%       3.79%
25       INDIANA               JULY 2007     -15.07%       2.48%
26       DELAWARE              JULY 2007     -14.68%      -1.24%
27       NEW YORK              FEB. 2007     -14.36%       2.30%
28       NEW HAMPSHIRE         MAY 2006      -14.20%       5.22%
29       SOUTH CAROLINA        APRIL 2007    -13. … 
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