The housing market may be recovering, but home prices in these 12 cities plummeted last year.
Kiplinger looked at sales, unemployment and foreclosure rates to determine which cities of more than 500,000 people suffered the biggest drop in home prices in the year that ended Sept. 30, 2012. Here are the 12 worst.
Warner Bros. Television
U.S. Army Signal Corps
Courtesy of NOAA/Institute for Exploration/University of Rhode Island
David Shankbone/Wikimedia Commons
Sign up for Breaking News, Daily Headlines, Severe Weather Alerts & more!