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Florida risk of a housing price decline only 2 percent

September 29th, 2016 8:38 AM by Brent Ferry

Using a statistical model based on regional unemployment rates, affordability, net migration, housing starts, the percentage of delinquent mortgages, and other factors, Arch Mortgage Insurance Company publishes their Arch MI Risk Index which estimates the probability house prices will be lower in a specific statistical area or state within two years.

Their Fall 2016 Housing and Mortgage Market Review shows the likelihood of home price declines across the United States over the next two years is at a very low 4% and on the decline.

The outlook for Florida is even better - only 2% which matches the risk ranking for the Orlando/Kissimmee/Sanford area where their analysis also shows a 12 month home price increase of 7.7%.

If you are moving to or within the Orlando area, or if you would like to explore vacation home buying opportunities, drop me a line at info@bferryhomes.com or give me a call at 407.506.7857.

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Posted by Brent Ferry on September 29th, 2016 8:38 AM

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