Christian Petersen/Getty Images

New Mexico

Metro: Albuquerque
What a Home Will Be Worth in 2012: $256,642
Q4 2008 price: $275,000
Projected price change by MSA: -6.7%
Projected price change by state: -2.8%

This year's predicted 8.5% price drop would be the worst in 20 years in Albuquerque. Educational and health services, professional and business services, and the government are the area's largest employers.

next slide previous slide