This information was published in Realtor Magazine based upon an analysis by Zillow.
Areas of the U.S. that saw home prices increase the most in 2008:
- Ithaca, N.Y., 5.6%
- State College, Pa., 4%
- Jacksonville, N.C., 3.9%
- Winston-Salem, N.C., 3.4%
- Bay City, Mi., 3.2%
- Rochester, N.Y. 3.1%
- Greenville, S. C., 2.8%
- Anderson, S.C. 2.7%
- Burlington, N.C., 2.6%
- Spartanburg, S.C., 2.0%
Areas that saw the biggest decrease in home prices:
- Las Vegas-Paradise, Nev., -24.6%
- Bakersfield, Calif., -24.9%
- Madera, Calif., -26.2%
- Gainesville, Ga., -26.4%
- Riverside-San Bernardino-Ontario, Calif., -30.4%
- Modesto, Calif., -31%
- Salinas, Calif., -32.4%
- Merced, Calif., -32.5%
- Vallejo-Fairfield, Calif., -33.2%
- Stockton, Calif., -35.5%