Worst U.S. Cities—10 Real Estate Markets to Avoid

Planning to buy a home in the next 12 months? Well, if you live in one of the cities listed below, you may want to postpone buying a home.

According to CNN, these are the worst 10 cities to buy a home, over the next 12 months. The expected percentage decline is listed below.

• Stockton, CA  —> expected 9.7% decline
• Merced, CA  —> expected 8.9% decline
• Reno/Sparks, NV  —> 8.9% decline
• Fresno, CA  —> 7.9% decline
• Vallejo/Fairfield, CA  —> 7.8% decline
• Las Vegas, NV  —> 7.1% decline
• Bakersfield, CA  —> 6.6% decline
• Sacramento, CA  —> 6.4% decline
• Washington, D.C.  —> 6.3% decline
• Tucson, AZ  —> 6.2% decline

In some cities, such as Reno, I think we could see a higher decline than CNN expects. Interestingly, all the cities listed—with the exception of Tucson and D.C.—are in California (or just over the border, in the case of Reno/Sparks).