The PMI Mortgage Insurance Co. just revised its 2007 U.S. Market Risk Index (New Market, New Model, Mark F. Milner, Chief Risk Officer, PMI Mortgage Insurance Co., Summer, 2007) ranking the 50 largest metropolitan statistical areas by the likelihood that home prices will be lower in a couple of years.
Riverside, Calif.; Phoenix; Las Vegas; and West Palm Beach, Fla. came in high in the MSA index. On the other hand, Texas, Ohio, Indiana, and Pennsylvania MSAs made up the lowest ranked group — or those dealing with a less than 10 percent chance of declining home prices.
The Full 12 Page Report Can Be Viewed On-Line:
http://www.pmi-us.com/media/pdf/products_services/eret/pmi_eret07v2s.pdf
Source: Daily Real Estate News Realty Times, Blanche Evans (06/20/07).
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About John (John B.) Badalamenti
John (John B.) Badalamenti, ABR, ASR®, RFS, SRES®, AHS, e-PRO, REALTOR®, Weichert, Realtors® - is an Experienced, Full Time REALTOR® and Consistent Multi-Million Dollar Producer Serving Collegeville, King of Prussia, Blue Bell, The Main Line and the Surrounding Area Tha Encompases The Suburban Philadelphia Area.
John B. is originally from the New York/Northern N.J. - Metro Area and transferred to the S.E. Pennsylvania area in the late 1980's during his tenure as a Sr. Technical Sales Engineer with E.I. DuPont's Printing & Publishing Division.
John B.comes from a family of talented musicians, artists, and actors; his father, Steve Badalamenti, a jazz trumpet player, his uncle Angelo Badalamenti, a world-renound musical composer of movies and TV (Twin Peaks, Mulholand Drive, The Straight Story, Christmas Vacation, The Wicker Man, etc.) and his brother Stephen Badalamenti, an aspiring actor.
Married with four children, John lives in the Central Montgomery County, PA - area and believes in family, community, & service. His youngest daughter is a U.S.F.S.A. member figure skater who competes locally and nationally, and one of John's sons is a graduate student working on "alternate forms of energy".
John notes: "I am fortunate that I truly enjoy my work as a REALTOR® - helping people from all walks of life realize their real estate dreams and goals. I firmly believe that "people like to buy, but they don't like being sold" - which is why I also believe in being responsive to my clients - rather than pushy!
As a hard working, full time real estate agent, I believe in the value of my client's money; as a sage advisor and shrewd negotiator, an advocate for my client’s home buying or home selling success!"