Freddie Mac’s Multi-Indicator Market Index (MiMi) reveals that the U.S. housing market continues to stabilize as nearly half of tracked markets show positive momentum.
The MiMi assesses critical housing conditions, such as affordability, stability, whether or not homeowners are current on their mortgage payments, and strength of local employment. The newly updated report reveals that fourteen of the 50 states have MiMi values in a stable range, with North Dakota, the District of Columbia and Wyoming the top three.
PB Topical Ref
