Ten Worst Real Estate Markets 2009

The real estate market has bottomed down during last years. The data for top ten worst real estate markets that includes the median price of a house and the projected change up to 2010 is given below
Los Angeles.
In 2008 the median house price in Los Angeles was $375,340. In 2009 the projected change is -24.9%. It will be -5.1% in 2010.The median home price in Los Angeles has the biggest drop in the country which is 25%.
2.Stockton,Calif.
In 2008 median house price was $248,050 in Stockton, Calif. In 2009 the projected change is -24.7%. It will be -4.0% in 2010.
3.Riverside,Calif.
In2008 median house price was $256,540 in Riverside, Calif. In 2009 the projected change is -23.3% and it will be -4.8% in 2010.
4. Miami-Miami Beach.
In 2008 median house price was $293,590 in Miami-Miami Beach. In 2009 the projected change is -22.8%. In 2010 it will be -6.4%. In 2008 the decline rate was 22%.Now it is plunged to 23% in2009.
5. Sacramento.
In 2008 median house price was $225,140 in Sacramento. The projected change is -22.2% in2009.It will be 2.3% in 2010. Unemployment and low population growth rate are the causes of further decline of market rate which is 22% in 2009.
6. Santa Ana-Anaheim.
In 2008 median house price was $532,810 Santa Ana-Anaheim. The 2009 projected change is -22.0% in 2009.It will fall down -3.55 more in 2010. The decline rate is 21% in2009.
7. Fresno.
Fresno is located between Los Angeles and Sacramento. In 2008 median house price was $257,170 there. The projected change is -21.6% in 2009.it will decrease down -3.3% in2010. The expected falling rate is 44%.
8. San Diego.
In 2008 median house price was $412,490 in San Diego. In 2009 projected change is -21.1%. It will decrease -2.9% more in 2010.
9. Bakersfield, Calif.
In Bakersfield, Calif. median house price was $227,270 in 2008.In 2009 projected change is -20.9%. It will be -2.5% in 2010.It is the ninth important real estate of California which is going to burst.
10.Washington, D.C.
In this city median house price was $343,160 in 2008.The projected change is -19.9% in 2009. In 2010 the projected change will be -5.7%.

Some markets are hovering to do well but their prices are not high. They are contended to keep stability in real estate market. Government should make policies to re-establish the burst.