Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

(January 2012 Data, Ranked Worst to Best in Percent Decline from Peak--Includes District of Columbia)

Rank      State       Peak   % Decline    12-Month
                      Month      Since  HPI Change
                                  Peak        (Jan.
                                             2012)

1     NEVADA          MAY      -59.11%      -8.95%
                      2006


2     ARIZONA         JUNE     -50.43%       0.53%
                      2006

3     FLORIDA         OCT.     -48.16%      -0.41%
                      2006

4     CALIFORNIA      APRIL    -43.79%      -4.52%
                      2006

5     MICHIGAN        NOV.     -43.51%       2.51%
                      2006

6     IDAHO           MAY      -40.86%      -1.56%
                      2007

7     ILLINOIS        OCT.     -34.23%      -8.02%
                      2006

8     RHODE ISLAND    JUNE     -31.97%      -4.48%
                      2006

9     UTAH            JULY     -31.57%       0.80%
                      2007

10    GEORGIA         JULY     -30.63%      -7.41%
                      2007

11    OREGON          JUNE     -30.56%      -1.94%
                      2007

12    WYOMING         SEPT.    -30.49%      -4.33%
                      2007

13    MINNESOTA       JULY     -29.51%      -5.11%
                      2006

14    MARYLAND        JULY     -29.41%      -2.37%
                      2006

15    WASHINGTON      JULY     -29.32%      -4.33%
                      2007

16    DISTRICT OF     APRIL    -27.40%      -3.31%
      COLUMBIA        2006

17    NEW JERSEY      JUNE     -26.82%      -2.80%
                      2006

18    HAWAII          JUNE     -26.76%      -1.05%
                      2007

19    WEST VIRGINIA   MAY      -26.45%       3.16%
                      2006

20    MASSACHUSETTS   OCT.     -26.40%      -6.67%
                      2005

21    NEW MEXICO      JUNE     -25.12%      -2.65%
                      2007

22    MISSOURI        OCT.     -24.83%      -3.57%
                      2006

23    CONNECTICUT     JULY     -24.20%      -5.58%
                      2006

24    OHIO            OCT.     -23.97%      -5.36%
                      2005

25    VIRGINIA        MAY      -23.97%      -0.41%
                      2006

26    DELAWARE        JUNE     -23.55%      -7.94%
                      2007

27    MONTANA         JULY     -22.67%       3.26%
                      2007

28    NEW HAMPSHIRE   MAY      -22.37%      -1.45%
                      2006

29    ALABAMA         AUG. … 
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