The Riskiest Housing Markets

PMI Mortgage Insurance Co.'s new U.S. Market Risk Index believes that Portland has a 38.9% chance that it's real estate market will decline over the next two years. "On average, there's a 34.6% chance that home prices will drop in the nation's top 50 markets in the next couple years, with many of the riskiest markets falling in areas that saw steep run-ups in prices in recent years, followed by decreased affordability and drops in the rate of appreciation."