The good news is that Sacramento is no longer one of worst 25 real estate markets in the country. For a time Sacramento ranked among the worst 5 markets. As you can see below nine other California cities rank worse than Sacramento. I have noted that REO listings at the bottom end are attracting multiple offers and prices are firming up. There may well be more foreclosures to come, but there are also plenty of buyers to snap them up when they return to market.
This information comes from www.housingredictor.com.
| Rank | Real Estate Market | 2009 Forecast |
| 1. | Detroit, MI | - 24.3% |
| 2. | Riverside, CA | - 23.9% |
| 3. | Stockton, CA | - 23.8% |
| 4. | Los Angeles, CA | - 21.7% |
| 5. | Miami , FL | - 21.4% |
| 6. | Anaheim, CA | - 21.1% |
| 7. | Las Vegas , NV | - 19.8% |
| 8. | Fresno, CA | - 19.7% |
| 9. | Phoenix, AZ | - 19.6% |
| 10. | San Diego, CA | - 19.5% |
| 11. | Manhattan, NY | - 19.4% |
| 12. | San Jose, CA | - 19.2% |
| 13. | Oakland, CA | - 18.2% |
| 14. | Reno, NV | - 17.9% |
| 15. | San Francisco, CA | - 17.6% |
| 16. | Bakersfield, CA | - 17.2% |
| 17. | Lansing, MI | - 16.5% |
| 18. | Grand Rapids, MI | - 15.2% |
| 19. | Honolulu, HI | - 15.1% |
| 20. | Boston, MA | - 15.1% |
| 21. | Scottsdale, AZ | - 14.9% |
| 22. | Richmond, VA | - 14.8% |
| 23. | Long Island, NY | - 14.8% |
| 24. | Bend, OR | - 14.6% |
| 25. | Seattle, WA | - 14.2% |
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