Rank: 1

Home price forecast: -27.8%

(one year, forecast through March 2010) City stats Population:

(2006) 2,402,208 Median family income:

(2008) $49,200 Home prices Median home price:

(2008) $287,000 Affordability index:

(2008 median home price/family income) 5.8 Prices peaked in: 2007:Q1 Total climb during the boom:

(2000 to peak) 205.9% Total decline so far:

(Peak through 2008) -43.7% One-year change:

(Q4 2007 to Q4 2008) -37.4% Forecast Price change :

(from peak to bottom) -69.7% When they'll hit bottom: 2011:Q2 At bottom, prices will drop to levels last seen in: 1998:Q2