Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

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

50 States by Appreciation Rate
(October 2010 Data, Ranked Worst to Best in Percent Decline from
Peak--Includes District of Columbia)

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

1     NEVADA         MARCH 2006      -51.99%            -2.35%

2     ARIZONA        JUNE 2006       -48.30%            -6.35%

3     FLORIDA        SEPT. 2006      -46.22%            -6.06%

4     MICHIGAN       NOV. 2005       -45.03%            -2.78%

5     CALIFORNIA     APRIL 2006      -39.30%             0.54%

6     IDAHO          JUNE 2007       -35.67%           -12.40%

7     UTAH           JUNE 2007       -28.20%            -5.47%

8     MARYLAND       JULY 2006       -27.07%            -4.59%

9     RHODE ISLAND   OCT. 2005       -26.44%            -1.23%

10    OREGON         JULY 2007       -26.17%            -7.93%

11    WEST VIRGINIA  AUG. 2005       -25.73%            -3.58%

12    ILLINOIS       OCT. 2006       -25.48%            -5.72%

13    DISTRICT OF    APRIL 2006      -24.95%            -5.60%
      COLUMBIA

14    WASHINGTON     JULY 2007       -23.69%            -5.42%

15    NEW JERSEY     JUNE 2006       -23.08%            -2.53%

16    VIRGINIA       MAY 2006        -22.68%             0.03%

17    MINNESOTA      APRIL 2006      -22.25%            -2.59%

18    NEW MEXICO     JUNE 2007       -22.20%            -5.23%

19    WYOMING        OCT. 2007       -21.79%            -3.07%

20    GEORGIA        JULY 2007       -21.19%            -3.90%

21    MONTANA        AUG. 2007       -19.86%            -5.03%

22    MISSOURI       OCT. 2006       -19.22%            -6.96%

23    MASSACHUSETTS  OCT. 2005       -19.13%            -0.73%

24    CONNECTICUT    JULY 2006       -19.01%            -1.66%

25    ALABAMA        AUG. 2007       -17.77%            11.00%

26    HAWAII         JUNE 2007       -17.20%            -1.81%

27    OHIO           JULY 2006       -17.10%            -4.22%

28    DELAWARE       JUNE 2007       -15.86%            -4.94%

29    NEW YORK       MARCH 2006      -15. … 
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