America's Riskiest Real Estate Markets

There's roulette and there's skydiving. Then there's investing in Detroit and Cleveland real estate.

That's especially risky because those markets are in freefall. Lenders have fled, foreclosures are on the rise, homes aren't selling and local economies have stalled.

The riskiest were those that had the highest foreclosure rates, slow job growth (or job loss) and a rash of listed homes.