U.S. News & World Report released its Top 10 list of America’s Most Underwater Housing Markets last week:

1. Las Vegas, NV
2. Merced, CA
3. Phoenix, AZ
4. Orlando, FL
5. Greeley, CO
6. Bend, OR
7. Minneapolis-St.Paul, MN
8. Memphis, TN
9. Cleveland, OH
10. Grand Rapids, MI

And closer to home, MONEY Magazine provided its housing market forecast for the largest metro regions in the U.S. Here’s how California shapes up (or not):

Hanford -25.9%
Los Angeles -8.1%
Santa Ana -4.7%
Oakland -4.4%
San Jose -4.4%
Bakersfield -4.3%
San Francisco -4.3%
San Luis Obispo -3.4%
Riverside -3.3%
Vallejo -3.1%
Fresno -2.7%
Stockton -2.4%
Visalia -2.3%
Madera -2.1%
Santa Cruz -0.9%
Oxnard -0.6%
Yuba City -0.4%
San Diego -0.3%
Sacramento -0.1%
Chico 0.0%
Redding 0.2%
Salinas 1.1%
Santa Barbara 1.1%
El Centro 1.3%
Napa 2.3%
Modesto 3.2%
Merced 4.4%
Santa Rosa 6.0%

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