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Dallas-Fort Worth, Texas

Projected bottom in home values: Q4 2011
Projected 1-year home value growth: 0.2%
Peak in home values: October 2007
Fall from peak: -15.4%

Although Dallas-Fort Worth is expected to experience relatively flat growth in home values through spring 2013, the area also saw a relatively mild housing recession, with prices only down about 15.4 percent from the October 2007 peak. Currently, home values in Dallas are at 2004 levels. The region has been buoyed by high oil prices, which could serve to further insulate Dallas and other Texas cities from external shocks.

Photo: Jeremy Woodhouse | The Image Bank | Getty Images