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

(June 2011 Data, Ranked Worst to Best in Percent Decline
from Peak-Includes District of Columbia)

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

1     NEVADA           MAY  -57.22%   -11.72%
                      2006

2     ARIZONA         JUNE  -51.96%   -11.82%
                      2006

3     FLORIDA         OCT.  -47.88%    -7.59%
                      2006

4     MICHIGAN        NOV.  -46.12%    -8.40%
                      2005

5     CALIFORNIA     APRIL  -40.82%    -5.71%
                      2006

6     IDAHO           JUNE  -39.86%   -11.61%
                      2007

7     UTAH            JUNE  -31.02%    -7.50%
                      2007

8     RHODE ISLAND    OCT.  -29.84%    -4.63%
                      2005

9     ILLINOIS        OCT.  -29.33%   -10.58%
                      2006

10    OREGON          JULY  -29.24%    -8.84%
                      2007

11    MARYLAND        JULY  -28.01%    -3.35%
                      2006

12    MINNESOTA       JULY  -26.94%   -10.00%
                      2006

13    HAWAII          JUNE  -26.02%    -4.04%
                      2007

14    WASHINGTON      JULY  -25.41%    -5.78%
                      2007

15    DISTRICT OF    APRIL  -25.29%    -5.94%
      COLUMBIA        2006

16    NEW MEXICO      JUNE  -24.41%    -6.12%
                      2007

17    WEST VIRGINIA    MAY  -24.26%     7.91%
                      2006

18    NEW JERSEY      JUNE  -24.13%    -3.27%
                      2006

19    GEORGIA         JULY  -24.01%    -7.90%
                      2007

20    VIRGINIA         MAY  -20.73%    -1.37%
                      2006

21    WYOMING        SEPT.  -20.64%    -5.04%
                      2007

22    MASSACHUSETTS   OCT.  -20.42%    -2.18%
                      2005

23    OHIO            JULY  -19.91%    -8.51%
                      2006

24    MONTANA         AUG.  -19.88%    -2.66%
                      2007

25    MISSOURI        OCT.  -19.61%    -7.46%
                      2006

26    DELAWARE        JUNE  -17.37%    -5.28%
                      2007

27    NEW HAMPSHIRE    MAY  -17.35%    -3.08%
                      2006

28    CONNECTICUT     JULY  -16.47%     0.35%
                      2006

29    MAINE           JULY  -16. … 
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