Magazine article Mortgage Banking

50 States by Appreciation Rate

Magazine article Mortgage Banking

50 States by Appreciation Rate

Article excerpt

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

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

1 NEVADA         APRIL 2006          -54.78%                4.76%

2 FLORIDA         OCT. 2006          -43.11%                5.18%

3 ARIZONA         JUNE 2006          -42.18%               16.90%

4 CALIFORNIA     APRIL 2006          -38.27%                4.61%

5 MICHIGAN        NOV. 2005          -37.29%                5.57%

6 IDAHO            MAY 2007          -30.20%               10.52%

7 RHODE ISLAND    OCT. 2005          -28.59%               -1.67%

8 ILLINOIS        OCT. 2006          -26.68%               -1.37%

9 OREGON          JULY 2007          -25.95%                3.27%

10 MARYLAND       JULY 2006          -25.93%                2.02%

11 NEW JERSEY     JUNE 2006          -25.75%               -1.11%

12 WASHINGTON     JULY 2007          -24.05%                3.57%

13 GEORGIA        DEC. 2006          -23.45%               -0.35%

14 HAWAII        SEPT. 2006          -22.99%                1.90%

15 UTAH           JUNE 2007          -22.86%                8.95%

16 DELAWARE       JULY 2007          -21.37%               -3.61%

17 WEST          APRIL 2006          -20.54%                2.56%
VIRGINIA

18 NEW MEXICO      MAY 2007          -20.19%                2.28%

19                OCT. 2005          -19.19%                3.00%
MASSACHUSETTS

20 CONNECTICUT    JULY 2006          -19.18%               -2.21%

21 VIRGINIA        MAY 2006          -19.00%                2.85%

22 NEW             MAY 2006          -18.77%                0.24%
HAMPSHIRE

23 MINNESOTA      JULY 2006          -18.30%                4.19%

24 MAINE          JULY 2006          -18.02%                2.56%

25 DISTRICT OF   APRIL 2006          -17.95%                4.32%
COLUMBIA

26 ALABAMA        AUG. 2007          -17.26%               -3.42%

27 MISSOURI       OCT. 2006          -16.88%                0.59%

28 MONTANA        AUG. 2007          -16.61%                3.76%

29 WYOMING       SEPT. 2007          -16. … 
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