"According to an analysis conducted by Moody's Economy.com, declines will exceed 10 percent in 86 of the 379 largest housing markets. And 290 of the cities will experience price drops of 1 percent or more... Many of the worst hit cities are in Sun Belt areas that experienced outsized home-price growth during the real estate bubble"

This according to a newly released study on CNN's Money. Largest declines forecasted are for the Stockton CA, Palm Bay and Sarasota FL areas (-25%), followed closely by Reno NV, Modesto CA, Detroit, Fresno, Oxnard, and Sacramento CA. The full article and list are here.

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