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:
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:
indianapolis
projected coasts most texas expected west louis
projected dallas-fort just recover sales percent austin, boom listed, $149,710
growth moody’s memphis
projected $143,920
q4 $140,020
q4 mobile
projected about $122,940
q4 worth
projected percent
atlanta
projected list rate: auto-link bbcode news $140,920
growth 2008: $186,350
q4 homes:
q1 $150,730
growth austin
projected start with were portions 2009: cities $161,910
growth $143,550
q4 which rock www.economy.com' style='font-size:12px;color:#666'>target='_blank'>www.economy.com $153,850
q4 $134,580
q4 have quickly bottom other identify percent
houston
projected percent
montgomery
projected business full href='http://www.economy.com' $195,060
growth worked $151,930
q4 still $177,750
q4 2008 $147,690
growth single-family here houston. $162,600
growth $161,690
growth $130,630
growth east prices median dallas u.s. $154,850
q4 orleans
projected ready $187,640
growth:
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