Biggest plunges in home prices - Top 25

Want a bargain on a house? Try snapping something up in on of these 25 US cities that saw the greatest plunges in their home prices in the 3rd quarter:

25. New Haven-Milford, CT -13.1%
24. New York-Wayne-White Plains, NY-NJ -13.9%
23. New York-Northern New Jersey-Long Island, NY-NJ-PA -14.1%
22. Atlanta-Sandy Springs-Marietta, GA -14.5%
21. NY: Newark-Union, NJ-PA -14.8%
20. Trenton-Ewing, NJ -15.0%
19. Bridgeport-Stamford-Norwalk, CT -15.6%
18. Lansing-E.Lansing, MI -15.6%
17. Chicago-Naperville-Joliet, IL -16.2%
16. Hagerstown-Martinsburg, MD-WV -16.3%
15. Jacksonville, FL -17.0%
14. Boise City-Nampa, ID -17.4%
13. Kingston, NY -18.4%
12. Tampa-St.Petersburg-Clearwater, FL -20.8%
11. Deltona-Daytona Beach-Ormond Beach, FL -21.9%
10. Sarasota-Bradenton-Venice, FL -22.0%
9. Phoenix-Mesa-Scottsdale, AZ -22.9%
8. Ocala, FL -24.0%
7. Reno-Sparks, NV -24.1%
6. Miami-Fort Lauderdale-Miami Beach, FL -24.6%
5. Palm Bay-Melbourne-Titusville, FL -24.6%
4. Orlando, FL -26.0%
3. Riverside-San Bernardino-Ontario, CA -26.0%
2. Las Vegas-Paradise, NV -34.5%
1. Cape Coral-Fort Myers, FL -40.0%


Source: National Association of Realtors
The NAR announced in their 3rd quarter report, "To be sure the numbers are mixed and some areas are experiencing reversals, but over all we are beginning to pull ourselves up out of this slump. As long as we continue to see a Fed willing to support the markets until they are strong enough to stand on their own, we should be able top avoid a double dip,"

From Consumerist

Re: Biggest plunges in home prices - Top 25

I don't know much about most of these areas but as far as these two:

20. Trenton-Ewing, NJ -15.0%

13. Kingston, NY -18.4%

I can see the drop in prices there, you would have to PAY me to buy a house in either town