According to the Fall 2016 Housing and Mortgage Review published by Arch Mortgage Insurance Company, the likelihood of home price declines across the U.S. over the next two years remains very low - only 4%. One year ago the risk was 6%. In Florida, the two-year risk of a housing price decline is only 2 %.

On a state level, North Dakota, Wyoming and West Virginia are the states with the highest risk of home prices declines. This is due to weakening employment in these states, due primarily to declines in energy-related jobs. North Dakota has a 47% chance of a price decline over the next two years, followed by Wyoming with a 44% chance, and West Virginia with a 31% chance