The housing market may be recovering, but home prices in these 12 cities plummeted last year.
Kiplinger looked at sales, unemployment and foreclosure rates to determine which cities of more than 500,000 people suffered the biggest drop in home prices in the year that ended Sept. 30, 2012. Here are the 12 worst.
Enrique Castro-Mendivil / Reuters
St. Louis nearly burns to the ground, the first Kentucky Derby is held, the Supreme Court strikes down segregated schools, the Senate Watergate Committee begins televised hearings, and same-sex marriages begin in Massachusetts, all on this day.