Mortgage

A look at where homeowners hurt the most

Nearly every neighborhood in the U.S. felt the brunt of the recenssion in 2008 and through 2010 — but some states clearly took more of a beating than others. And some states saw housing hit hardest.

MarketWatch takes an in-depth look at the states that saw average homeowners lose more than $100,000. And not surprisingly, California is on the list:

Three counties in California — Los Angeles, Riverside and San Bernardino — lost more than $100,000 in median property values from the three-year recession period (2007 to 2009) through the three-year post-recession period (2010 to 2012). Trailing right behind them, Orange County lost a median of $99,300. 

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