Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

50 States by Apprection Rate(February 2011 Data, Ranked Worst to Best in Percent Decline from Peak -- include District of Columbia

Rank      State      Peak        % Decline        12-Month HPI
                     Month        Since Peak   Change (February 2011)

1    NWVADA         MARCH 2006       -55.53%                   -7.73%
2    ARIZONA        JUNE 2006        -51.56%                  -10.65%
3    MICHIGAN       NOV. 2005        -49.42%                   -9.87%
4    FLORIDA        OCT. 2006        -49.40%                   -8.93%
5    CALIFORNIA     APRIL 2006       -42.36%                   -4.49%
6    IDAHO          JUNE 2007        -42.07%                  -12.92%
7    UTAH           JUNE 2007        -33.27%                   -7.85%
8    ILLINOIS       OCT. 2006        -31.80%                   -8.74%
9    RHODE ISLAND   JUNE 2006        -30.59%                   -4.42%
10   OREGON         JULY 2007        -30.31%                   -8.53%
11   MARYLAND       JULY 2006        -29.85%                   -3.80%
12   MINNESOTA      JULY 2006        -29.47%                   -7.82%
13   WEST VIRGINIA  MAY 2006         -28.22%                    3.14%
14   GEORGIA        JULY 2006        -27.01%                   -7.10%
15   WASHINGTON     JULY 2006        -26.17%                   -5.04%
16   HAWAII         JUNE 2007        -25.00%                   -6.75%
17   VIRGINIA       MAY 2006         -24.99%                   -2.08%
18   NEW JERSEY     JUNE 2006        -24.61%                   -7.53%
19   DISTRICT OF    APRIL 2006       -24.43%                    3.59%
     COLUMBIA
20   NEW MEXICO     JUNE 2007        -24.34%                   -6.26%
21   MISSOURI       OCT 2006         -23.36%                   -6.52%
22   MASSACHUSETTS  OCT 2005         -23.24%                   -4.72%
23   OHIO           JULY 2006        -22.88%                   -6.32%
24   WYOMING        OCT 2007         -22.88%                   -3.23%
25   CONNECTICUT    JULY 2006        -21.85%                   -1.91%
26   NEW HAMPSHIRE  MAY 2006         -21.43%                   -6.07%
27   INDIANA        JULY 2007        -18.77%                   -2.43%
28   MONTANA        AUG 2007         -18.61%                   -8.54%
29   WISCONSIN      SEPT 2006        -17.80%                   -5. … 
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