Magazine article Mortgage Banking

Home-Price Spotlight

Magazine article Mortgage Banking

Home-Price Spotlight

Article excerpt

States Ranked By Percent Decline From Peak Home Prices  (July 2013 Data-Includes District of Columbia)                      Peak   % Decline Since Peak    12-Month                     Month                        HPI Change                                                       (July                                                       2013)  1   NEVADA          MARCH               -42.81%      27.26%                     2006  2   FLORIDA         SEPT.               -37.93%      11.64%                     2006  3   ARIZONA         JUNE                -32.90%      16.17%                     2006  4   RHODE ISLAND    OCT.                -28.83%       6.31%                     2005  5   MICHIGAN        NOV.                -26.39%      13.42%                     2005  6   ILLINOIS        DEC.                -23.44%       5.51%                     2006  7   NEW JERSEY      JUNE                -23.11%       4.01%                     2006  8   CALIFORNIA      MAY                 -22.80%      23.32%                     2006  9   WEST VIRGINIA   SEPT.               -22.19%       2.90%                     2005  10  MARYLAND        NOV.                -21.96%       6.49%                     2006  11  CONNECTICUT     JULY                -19.89%       3.57%                     2006  12  IDAHO           JULY                -19.82%      13.58%                     2007  13  NEW MEXICO      MAY                 -18.87%       1.09%                     2007  14  NEW HAMPSHIRE   SEPT.               -16.50%       6.25%                     2005  15  MINNESOTA       JUNE                -16.48%       6.80%                     2006  16  DELAWARE        SEPT.               -16.46%       0.76%                     2006  17  WASHINGTON      JULY                -16.25%      12.20%                     2007  18  OREGON          JULY                -15.48%      14.75%                     2007  19  VIRGINIA        MAY                 -15.05%       7.09%                     2006  20  UTAH            JUNE                -14.67%      13.01%                     2007  21  ALABAMA         AUG.                -14.23%       2.83%                     2007  22  GEORGIA         DEC.                -13.80%      14.48%                     2006  23  OHIO            OCT.                -12.81%       3.21%                     2006  24  MISSOURI        SEPT.               -12.71%       6.09%                     2006  25  MAINE           JULY                -11.60%       6.14%                     2006  26  WISCONSIN       SEPT.               -11.15%       3.90%                     2006  27  HAWAII          OCT.                -10.42%      11.98%                     2006  28  MASSACHUSETTS   OCT.                -10.40%      10.60%                     2005  29  MISSISSIPPI     OCT.                 -9.66%      2.8 0%                     2007  30  PENNSYLVANIA    SEPT.                -7.85%       3.39%                     2006  31  INDIANA         JULY                 -7.67%       4.04%                     2007  32  NEW YORK        NOV.                 -7.22%       6.30%                     2006  33  SOUTH CAROLINA  APR                  -6.93%      7.7 9%                     2007  34  MONTANA         AUG.                 -5.90%      10.88%                     2007  35  NORTH CAROLINA  JULY                 -5.23%      5.3 5%                     2007  36  KANSAS          JULY                 -4.79%       3.59%                     2007  37  TENNESSEE       JULY                -4.7 7%       5.91%                     2007  38  KENTUCKY        AUG.                 -4.04%       2.95%                     2006  39  VERMONT         OCT.                 -2.43%       1.12%                     2007  40  NORTH DAKOTA    AUG.                -2.0 6%      10.50%                     2013  41  SOUTH DAKOTA    AUG.                 -1.46%       7.89%                     2013  42  ALASKA          AUG.                 -1.31%       4.36%                     2013  43  DISTRICT OF     JUNE                 -0. … 
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