Market Summary - Housing Market Condition Jan 1, 2007

................................... Current ............. Current
MSA................................ Rating ............. Projection

ALBANY, NY............................... STABLE ..........NO CHANGE
ALBUQUERQUE, NM ................ STABLE ........... IMPROVING
ATLANTA, GA............................. STABLE ............SOFTENING
AUSTIN, TX................................. STABLE ........... IMPROVING
BALTIMORE, MD........................ STABLE ..........NO CHANGE
BATON ROUGE, LA................... STABLE ..........NO CHANGE
BIRMINGHAM, AL ..................... STABLE ..........NO CHANGE
BOSTON, MA ............................. STABLE ............SOFTENING
BUFFALO, NY............................. SOFT..............NO CHANGE
CHARLESTON, SC...................... STRONG .......NO CHANGE
CHARLOTTE, NC........................ STABLE ..........NO CHANGE
CHICAGO, IL .............................. STABLE ..........NO CHANGE
CINCINNATI, OH....................... STABLE ..........NO CHANGE
CLEVELAND, OH........................ SOFT..............NO CHANGE
COLUMBUS, OH........................ STABLE ............SOFTENING
DALLAS, TX................................. STABLE ..........NO CHANGE
DAYTON, OH............................. SOFT..............NO CHANGE
DENVER, CO .............................. STABLE ..........NO CHANGE
DES MOINES, IA ......................... STABLE ..........NO CHANGE
DETROIT, MI............................... SOFT...............WEAKENING
EDISON, NJ................................. STABLE ..........NO CHANGE
FT. LAUDERDALE, FL ................. STRONG ........STABILIZING
GRAND RAPIDS, MI................... SOFT..............NO CHANGE
GREENSBORO, NC .................... STABLE ............SOFTENING
GREENVILLE, SC ......................... STABLE ..........NO CHANGE
HARTFORD, CT.......................... STABLE ..........NO CHANGE
HONOLULU, HI......................... STRONG ....... STABILIZING
HOUSTON, TX........................... STABLE ..........NO CHANGE
INDIANAPOLIS, IN..................... SOFT..............NO CHANGE
JACKSONVILLE, FL ..................... STRONG .......NO CHANGE
KANSAS CITY, KS-MO................ STABLE ..........NO CHANGE
LANSING, MI.............................. SOFT..............NO CHANGE
LAS VEGAS, NV.......................... STABLE ..........NO CHANGE
LOS ANGELES, CA...................... STABLE ..........NO CHANGE
LOUISVILLE, KY.......................... STABLE ..........NO CHANGE
MEMPHIS, TN............................. STABLE ..........NO CHANGE
MIAMI. FL ................................... SOFT..............NO CHANGE
MILWAUKEE, WI.........................STABLE.......... NO CHANGE
MINNEAPOLIS, MN....................STABLE.......... NO CHANGE
NASHVILLE, TN...........................STABLE............IMPROVING
NASSAU-SUFFOLK, NY ..............STABLE.......... NO CHANGE
NEW ORLEANS, LA.....................STABLE.......... NO CHANGE
NEW YORK, NY ..........................STABLE.......... NO CHANGE
OAKLAND, CA............................STABLE.......... NO CHANGE
OKLAHOMA CITY, OK...............STABLE.......... NO CHANGE
OMAHA, NE................................STABLE.......... NO CHANGE
ORLANDO, FL.............................STRONG........ STABILIZING
PHILADELPHIA, PA.....................STABLE.......... NO CHANGE
PHOENIX, AZ..............................STABLE.......... NO CHANGE
PITTSBURGH. PA........................STABLE............ SOFTENING
PORTLAND, OR..........................STABLE.......... NO CHANGE
PROVIDENCE, RI.........................STABLE............ SOFTENING
RALEIGH, NC ..............................STABLE............IMPROVING
RICHMOND. VA.........................STABLE.......... NO CHANGE
RIVERSIDE-SAN
BERNARDINO, CA..............STRONG........ STABILIZING
ROCHESTER, NY.........................SOFT ............. NO CHANGE
SACRAMENTO, CA.....................STABLE............ SOFTENING
SALT LAKE, UT ............................STRONG....... NO CHANGE
SAN ANTONIO, TX.....................STABLE............IMPROVING
SAN DIEGO, CA..........................STABLE............ SOFTENING
SAN FRANCISCO, CA.................SOFT ...............IMPROVING
SAN JOSE, CA..............................SOFT ............. NO CHANGE
SANTA ANA, CA .........................STABLE............ SOFTENING
SEATTLE, WA...............................STRONG....... NO CHANGE
SPRINGFIELD, MA.......................STABLE............ SOFTENING
ST. LOUIS, MO............................STABLE.......... NO CHANGE
SYRACUSE, NY............................STABLE.......... NO CHANGE
TAMPA, FL...................................STRONG........ STABILIZING
TOLEDO, OH..............................STABLE............ SOFTENING
TUCSON, AZ...............................STRONG....... NO CHANGE
TULSA, OK ..................................STABLE.......... NO CHANGE
WASHINGTON, DC....................STRONG........STABILIZING
WEST PALM BEACH, FL..............STRONG........ STABILIZING
*Bold indicates a change from the previous quarter.

Produced by: MGIC Credit Policy Department

Taken from :

www.MGIC.com