Top U.S. Cities With Home Prices Falling Dangerously

A recent Forbes.com article reported on the top 13 cities in the U.S. where home prices are continuing to fall at a dangerous rate. Each one of the 13 markets are suffering from an excess of foreclosures.

What do you think of these 13 cities topping the list, are they surprising?

Stockton, Calif.

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.2%
  • Projected Home Price Drop through 2012: -8%
  • Average Home Price: $152,400

Bakersfield, CA

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.5%
  • Projected Home Price Drop through 2012: -6.8%
  • Average Home Price: $129,700

Atlanta, GA

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.5%
  • Projected Home Price Drop through 2012: -8.3%
  • Average Home Price: $170,800

West Palm Beach, FL

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.5%
  • Projected Home Price Drop through 2012: -8.7%
  • Average Home Price: $211,000

Tacoma, WA

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.8%
  • Projected Home Price Drop through 2012: -7.4%
  • Average Home Price: $220,400

Jacksonville, FL

  • Home Price Drop from Oct. 2010 to Sept. 2011: -8.9%
  • Projected Home Price Drop through 2012: -7.7%
  • Average Home Price: $179,900

Sacramento, CA

  • Home Price Drop from Oct. 2010 to Sept. 2011: -9.3%
  • Projected Home Price Drop through 2012: -8.5%
  • Average Home Price: $195,900

Orlando, FL

  • Home Price Drop from Oct. 2010 to Sept. 2011: -10.9%
  • Projected Home Price Drop through 2012: -9.4%
  • Average Home Price: $159,700

Fresno, CA 

  • Home Price Drop from Oct. 2010 to Sept. 2011: -11%
  • Projected Home Price Drop through 2012: -9.9%
  • Average Home Price: $154,200

Tucson, AZ

  • Home Price Drop from Oct. 2010 to Sept. 2011: -11.9%
  • Projected Home Price Drop through 2012: -11.1%
  • Average Home Price: $169,900

Phoenix, AZ

  • Home Price Drop from Oct. 2010 to Sept. 2011: -13%
  • Projected Home Price Drop through 2012: -3.3%
  • Average Home Price: $152,000

Boise, ID

  • Home Price Drop from Oct. 2010 to Sept. 2011: -13.4%
  • Projected Home Price Drop through 2012: -2.5%
  • Average Home Price: $139,000

Las Vegas, NV

  • Home Price Drop from Oct. 2010 to Sept. 2011: -15.2%
  • Projected Home Price Drop through 2012: -5.1%
  • Average Home Price: $121,900

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