Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

(May 2011 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           (May 2011)

1     NEVADA          MARCH 2006     -56.94%              -11.26%

2     ARIZONA         JUNE 2006      -51.94%              -12.11%

3     MICHIGAN        NOV. 2005      -49.07%              -11.14%

4     FLORIDA         OCT. 2006      -48.68%               -8.83%

5     CALIFORNIA      APRIL 2006     -41.25%               -5.93%

6     IDAHO           JUNE 2007      -41.02%              -14.09%

7     UTAH            JUNE 2007      -31.66%               -8.71%

8     WEST VIRGINIA   MAY 2006       -31.59%               -0.90%

9     ILLINOIS        OCT. 2006      -30.91%              -10.96%

10    OREGON          JULY 2007      -29.93%              -10.09%

11    RHODE ISLAND    OCT. 2005      -28.76%               -2.39%

12    MARYLAND        JULY 2007      -28.53%               -3.28%

13    MINNESOTA       APRIL 2006     -28.16%               -9.76%

14    WASHINGTON      JULY 2007      -25.73%               -6.23%

15    NEW JERSEY      JUNE 2006      -24.87%               -2.71%

16    NEW MEXICO      JUNE 2007      -24.87%               -7.00%

17    GEORGIA         JUNE 2007      -24.85%               -7.72%

18    DISRICT OF      APRIL 2006     -24.51%               -2.92%
      COLUMBIA

19    WYOMING         SEPT. 2007     -24.01%               -6.95%

20    HAWAII          SEPT. 2006     -23.18%               -6.09%

21    MASSACHUSETTS   OCT. 2005      -22.69%               -4.76%

22    VIRGINIA        MAY 2006       -21.77%               -1.69%

23    OHIO            JULY 2006      -21.70%               -9.38%

24    MISSOURI        OCT. 2006      -21.41%               -8.46%

25    MONTANA         AUG. 2007      -20.37%               -5.84%

26    NEW HAMPSHIRE   MAY 2006       -20.17%               -5.07%

27    CONNECTICUT     JULY 2006      -17.46%                1.49%

28    ALABAMA         AUG. 2007      -17.26%               -8.81%

29    INDIANA         JULY 2007      -17.18%               -5. … 
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