Top 10 U.S. Cities ready for a Boom in 2008
| | Monday, October 08, 2007 @ 12:44 PM EDT
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Contributed by: dee copeland
dee copeland Properties
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Business 2.0 worked with Moody’s www.Economy.com to identify 10 cities that have just about hit rock bottom and are on the way up. The bad news is that the East and West coasts are still not expected to recover as quickly as other portions of the U.S.
Texas had the most cities listed, which were Austin, Dallas and Houston. Here is the full list from Moody’s www.Economy.com:
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Dallas-Fort Worth
Projected median sales prices for single-family homes:
Q1 2008: $151,930
Q4 2009: $161,690
Growth rate: 6.4 percent
Indianapolis
Projected median sales prices for single-family homes:
Q1 2008: $122,940
Q4 2009: $130,630
Growth rate: 6.3 percent
New Orleans
Projected median sales prices for single-family homes:
Q1 2008: $153,850
Q4 2009: $162,600
Growth rate: 5.7 percent
Atlanta
Projected median sales prices for single-family homes:
Q1 2008: $177,750
Q4 2009: $187,640
Growth: 5.6 percent
Montgomery
Projected median sales prices for single-family homes:
Q1 2008: $140,020
Q4 2009: $147,690
Growth rate: 5.5 percent
Memphis
Projected median sales prices for single-family homes:
Q1 2008: $143,550
Q4 2009: $150,730
Growth rate: 5.0 percent
Mobile
Projected median sales prices for single-family homes:
Q1 2008: $134,580
Q4 2009: $140,920
Growth rate: 4.7 percent
Austin
Projected median sales prices for single-family homes:
Q1 2008: $186,350
Q4 2009: $195,060
Growth rate: 4.7 percent
Houston
Projected median sales prices for single-family homes:
Q1 2008: $154,850
Q4 2009: $161,910
Growth rate: 4.6 percent
St. Louis
Projected median sales prices for single-family homes:
Q1 2008: $143,920
Q4 2009: $149,710
Growth rate: 4.0 percent
Word Cloud:
worked boom west href='http://www.economy.com' expected ready $130,630
growth $153,850
q4 $140,920
growth austin, worth
projected $151,930
q4 memphis
projected auto-link 2008 2009: identify bottom just percent
atlanta
projected u.s. louis
projected $134,580
q4 median full $161,910
growth were $154,850
q4 percent houston. coasts $186,350
q4 sales single-family $195,060
growth news business other listed, have $140,020
q4 rate: orleans
projected $149,710
growth dallas-fort texas which www.economy.com' style='font-size:12px;color:#666'>target='_blank'>www.economy.com $122,940
q4 still bbcode quickly $150,730
growth dallas $143,920
q4 mobile
projected portions east rock prices $162,600
growth homes:
q1 start recover indianapolis
projected most percent
houston
projected $161,690
growth here $147,690
growth percent
montgomery
projected $143,550
q4 austin
projected $177,750
q4 list 2008: cities about with moody’s $187,640
growth:
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