John Badalamenti - Prudential Fox & Roach Realtors, Wayne, PA

Pennsylvania Less Likely To See Declining Home Prices In The Next Few Years, Report States

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).

Collegeville Day, Saturday, June 2nd

Beginning at Ursinus College (601 Main Street, Collegeille, PA 19426) at 8:30 AM:

  • A 5K Run/Walk benefiting the Arthritis Foundation.
  • A Colossal Spring Flea Market/Garage Sale with over 50 vendors.
  • Music from the Spring Ford Middle School Jazz Band, the Community Music School and the Full Circle. Music Society
  • A Fine Arts Fair, featuring nationally known artists with works available for sale.
  • A Taste of Collegeville" available from local restaurants and caterers and other numerous events during the day.