2 of 10
2. Stockton, Calif.
Stockton, Calif.
2008 median house price: $248,050
2009 projected change: -24.7%
2010 projected change: -4.0%

One in every 94 homes received a foreclosure filing this November in this northern California market near Sacramento, according to RealtyTrac. Eight of the ten worst housing markets projected for 2009 are in California.

NEXT: Riverside, Calif.
Last updated December 22 2008: 4:43 PM ET
Source: Sources: National Association of Realtors; Moody's Economy.com
Reaping repo rewards Want to brave the wild world of foreclosures? Follow this advice. More
Riding the housing bust Investors are scooping up foreclosed properties, afraid of missing the real estate opportunity of a lifetime. Want to join them? More