Top 10 U.S. Cities ready for a Boom in 2008

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