Prices are falling in these 25 metro areas

Generally we limit our lists to 10 or so but today we’re citing 25 metro areas where prices are are down in the last 12 months (the year-over-year percentage is included). Of course, this doesn’t necessarily mean the home prices are cheap (hello, San Francisco!); they’re just lower than one year ago.

1. Memphis, TN  (-17.1%)
2. New Orleans, LA (-.9%)
3. Atlanta, GA (-8.4%)
4. Detroit, MI (-7.9%)
5. Kansas City, MO (-7%)
6. Oakland, CA (-6.8%)
7. San Antonio, TX (-5%)
8. San Francisco, CA (-5%)
9. Cleveland, OH (-4.1%)
10. Colorado Springs, CO (-3.2%)
11. Philadelphia, PA (-3.1%)
12. Fort Worth, TX (-2.9%)
13. Las Vegas, NV (-2.8%)
14. Henderson, NV (-2.7%)
15. Boston, MA (-2.6%)
16. Austin, TX (-2.5%)
17. Irving, TX (-2.5%)
18. Honolulu, HI (-2.1%)
19. Nashville, TN (-1.9%)
20. Long Beach, CA (-1.4%)
21. Oklahoma City, OK (-1.3%)
22. Jacksonville, FL (-0.8%)
23. Chandler, AZ (-0.6%)
24. Toledo, OH (-0.4%)
25. St. Paul, MN (-0.3%)