One of the most credible forecasters of housing value trends has released some very valuable data that bodes well for potential Gulf Shores buyers. According to a recent story in Realty Times, the national PMI index, for the first time in a year it has determined that "overall risk has decreased" in the 384 metropolitan markets. The PMI Index predicts where home values are headed by examining local employment, household income, economic growth and demographic changes. The PMI Risk index is produced quarterly by the private mortgage insurance organization PMI Group. PMI's risk index was one of the first predictors of the housing crash, so its quarterly findings are considered very credible by mortgage experts. According to the most recent index released last week, home values are incre...
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