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

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

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

1     NEVADA                MARCH 2006    -52.40%          -3.25%

2     ARIZONA               JUNE 2006     -48.86%          -8.11%

3     FLORIDA               SEPT. 2006    -46.50%          -6.43%

4     MICHIGAN              NOV. 2005     -45.40%          -3.92%

5     CALIFORNIA            APRIL 2006    -39.79%           0.85%

6     IDAHO                 JUNE 2007     -36.63%         -12.98%

7     UTAH                  JUNE 2007     -29.11%          -6.42%

8     MARYLAND              JULY 2006     -27.86%          -4.95%

9     RHODE ISLAND          OCT. 2005     -27.30%          -3.04%

10    OREGON                JULY 2007     -27.04%          -8.68%

11    ILLINOIS              OCT. 2006     -26.24%          -5.63%

12    WASHINGTON            JULY 2007     -24.51%          -6.06%

13    DISTRICT OF COLUMBIA  APRIL 2006    -24.41%          -2.52%

14    MINNESOTA             APRIL 2006    -23.70%          -4.25%

15    NEW JERSEY            JUNE 2006     -23.29%          -2.56%

16    VIRGINIA              MAY 2006      -23.25%          -1.38%

17    NEW MEXICO            JUNE 2007     -22.75%          -4.83%

18    HAWAII                JUNE 2007     -22.37%          -1.74%

19    GEORGIA               JULY 2007     -22.20%          -4.77%

20    MONTANA               AUG. 2007     -21.85%          -6.69%

21    MISSOURI              OCT. 2006     -20.73%          -8.98%

22    WEST VIRGINIA         SEPT. 2005    -20.66%           3.76%

23    MASSACHUSETTS         OCT. 2005     -19.78%          -0.78%

24    WYOMING               OCT. 2007     -19.77%           0.37%

25    CONNECTICUT           JULY 2006     -19.43%          -1.34%

26    ALABAMA               AUG. 2007     -19.12%         -13.22%

27    OHIO                  JULY 2006     -17.49%          -4.37%

28    DELAWARE              JUNE 2007     -16.12%          -5.73%

29    NEW YORK              MARCH 2006    -15. … 
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