Housing Markets

These communities the private mortgage industry thinks will show the safest places to buy without fear of a loss of value.

1. Pittsburgh, 6.1 percent
2. Indianapolis-Carmel, Ind., 6.3 percent
3. Memphis, Tenn.-Miss.-Ark., 6.8 percent
4. Cincinnati-Middletown, Ohio-Ky.-Ind., 7.2 percent
5. Cleveland-Elyria-Mentor, Ohio, 7.4 percent
6. Columbus, Ohio, 7.4 percent
7. Fort Worth-Arlington, Texas (MSAD), 7.6 percent
8. San Antonio, Texas, 7.8 percent
9. Nashville-Davidson-Murfreesboro, Tenn., 8.6 percent
10. Houston-Sugar Land-Baytown, Texas, 8.8 percent

The percentage is the probability determined by the PMI Institute that housing prices in that market sector will go down 10 percent or more in the next two years. Pittsburghs chance of losing 10 percent is 6.1 percent making the city the safest investment according to the PMI Group.

Source: Private Mortgage Industry Institute

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