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Housing Markets Hit the Hardest
The 2008 housing collapse sent the economy into a tailspin and is still on a long road to recovery. Here are the 10 cities that saw the biggest drop in home values in the last three years.

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Anyone trying to sell their home right now faces an uphill battle. The market has slowly been making gains since its collapse in 2008, but these cities saw the biggest decline in home value  
between the third quarter of 2008 and the third quarter of 2011, according to data from Fiserv Case-Shiller Indexes.

Reuters

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Orlando -31.6%

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Tuscon, Ariz. -30.1%

Jacksonville_Reuters

Jacksonville, Fla. -24%

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Sacramento, Calif. -19.3%

Salt Lake City, Utah

Salt Lake City -15.8%

REUTERS/Mike Blake

Baltimore_FBN

Baltimore -13.4%

Reuters

Milwaukee_Reuters

Milwaukee, Wis. -11.9%

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Philadelphia, Penn. -10.1%

St_Louis_Arch_Reuters

St. Louis -8.5%

San_Jose_California_iStock

San Jose, Calif. -6.9%

© 2008 Nancy Nehring. All rights reserved.

Housing Markets Hit the Hardest

The 2008 housing collapse sent the economy into a tailspin and is still on a long road to recovery. Here are the 10 cities that saw the biggest drop in home values in the last three years.

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