2012 will be pretty bad too.
Fiserv forecasts a 7.1 percent drop in national home prices from Q2 '10 to the Q2 '11. In the following 12 months, Fiserv forecasts a slight national increase -- but major markets, including the following 15 disaster areas, will keep falling.
From the housing peak to 2012, markets in Florida, Nevada and California will be down around 60 percent.
#15 Prescott, Ariz.
Forecast change 2010:Q2 to 2012:Q2: -14.3%
Forecast change from peak to 2012:Q2: -49.9%
Median home price today: $170,000
Median home price in 2012: $146,000
#14 Salinas, Calif.
Forecast change 2010:Q2 to 2012:Q2: -14.6%
Forecast change from peak to 2012:Q2: -65.7%
Median home price today: $247,000
Median home price in 2012: $211,000
#13 Pensacola, Fla.
Forecast change 2010:Q2 to 2012:Q2: -15.3%
Forecast change from peak to 2012:Q2: -37%
Median home price today: $142,000
Median home price in 2012: $120,000
#12 Cape Coral, Fla.
Forecast change 2010:Q2 to 2012:Q2: -16.2%
Forecast change from peak to 2012:Q2: -65.8%
Median home price today: $100,000
Median home price in 2012: $83,800
#11 West Palm Beach, Fla.
Forecast change 2010:Q2 to 2012:Q2: -16.3%
Forecast change from peak to 2012:Q2: -54.8%
Median home price today: $212,000
Median home price in 2012: $177,000
#10 Punta Gorda, Fla.
Forecast change 2010:Q2 to 2012:Q2: -17.7%
Forecast change from peak to 2012:Q2: -61.4%
Median home price today: $135,000
Median home price in 2012: $111,000
#9 Orlando, Fla.
Forecast change 2010:Q2 to 2012:Q2: -18.4%
Forecast change from peak to 2012:Q2: -59.1%
Median home price today: $155,000
Median home price in 2012: $126,000
#8 Atlantic City, NJ
Forecast change 2010:Q2 to 2012:Q2: -18.5%
Forecast change from peak to 2012:Q2: -39.2%
Median home price today: $220,000
Median home price in 2012: $179,000
#7 Fort Lauderdale, Fla.
Forecast change 2010:Q2 to 2012:Q2: -18.7%
Forecast change from peak to 2012:Q2: -57%
Median home price today: $203,000
Median home price in 2012: $165,000
#6 Gainesville, Fla.
Forecast change 2010:Q2 to 2012:Q2: -18.8%
Forecast change from peak to 2012:Q2: -37.8%
Median home price today: $175,000
Median home price in 2012: $142,000
#5 Phoenix, Ariz.
Forecast change 2010:Q2 to 2012:Q2: -20.5%
Forecast change from peak to 2012:Q2: -61.4%
Median home price today: $144,000
Median home price in 2012: $115,000
#4 Ocean City, NJ
Forecast change 2010:Q2 to 2012:Q2: -20.6%
Forecast change from peak to 2012:Q2: -37.1%
Median home price today: $305,000
Median home price in 2012: $242,000
#3 Miami, Fla.
Forecast change 2010:Q2 to 2012:Q2: -21.21%
Forecast change from peak to 2012:Q2: -61.7%
Median home price today: $190,000
Median home price in 2012: $145,000
# 2 Las Vegas, Nev.
Forecast change 2010:Q2 to 2012:Q2: -21.7%
Forecast change from peak to 2012:Q2: -66.1%
Median home price today: $153,000
Median home price in 2012: $112,000
#1 Naples, Fla.
Forecast change 2010:Q2 to 2012:Q2: -24.6%
Forecast change from peak to 2012:Q2: -62%
Median home price today: $260,000
Median home price in 2012: $196,000
