I must’ve made a big mistake when I posted that California is becoming a zombie state.  After all, how can it be the zombie state when 8 out of the top 10 cities topped the Fortune list with Los Angeles coming in first!  Being a California resident, it makes me so proud that I’m posting the article in it’s entirety:

The Los Angeles area topped Fortune magazine’s list of the nation’s 10 worst real markets for 2009.

Los Angeles-area home values, which had a median price of $375,340 in 2008, are projected to drop by 24.9 percent in 2009 and drop an additional 5.1 percent in 2010, according to the magazine.

Riverside came in third on the list, with a median price of $256,540, with a projected drop of 23.3 percent in 2009 and a 4.8 drop in 2010.

Santa Ana-Anaheim was sixth on the list, with a median of $532,810 in 2008, with a projected drop of 22 percent in 2009 and 3.5 percent in 2010.

Overall, eight of Fortnue’s 10 worst markets are in California.

Rounding out the top 10 are Stockton (2), Miami-Miami Beach (4), Sacramento (5), Fresno (7), San Diego (8), Bakersfield (9) and Washington, D.C., (10).

Keep up the good work Californians.  The people and the government here are the best around.  Here’s a video from our very own Reseda, CA that reminds us that nothing’s gonna ever keep us down!