The housing market may be recovering, but home prices in these 12 cities plummeted last year.
1. Louisville, Ky. -- One-year change in home prices: -10.7% Median home price: $105,950 Change in price since peak: -26.7% Unemployment rate (natl. avg. is 7.7%): 7.6% Foreclosure rate (natl. avg. is 0.40%): 1 in every 448 households (0.22%)
Jessica Rinaldi / Reuters
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