A Look at Housing Prices in the Recession
Florida goes beyond the 20 metropolitan areas covered by the Case-Shiller Home Price Index to give a more comprehensive look at the state of housing prices in U.S. Cities.
"Under-performers: These are regions where housing values have slipped even more than predicted. Among large metros, the under-performers include: Los Angeles (where values are off $79,789 more than expected based on the national trend), San Francisco (-$79,029), Las Vegas ($-72,421), Phoenix (-$69,897), and Miami (-$53,021)."
He also provides a graph in his second post showing how prices have changed since 2006, and which cities' changes were less than expected.