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Top 10 US Cities Ripe for Rebound

Forbes magazine compiled a recent list of the top U.S. cities that are "ripe for a rebound in real estate."
They sorted home prices over the past 12 months, unemployment rates, 12-month job growth projections, population increases from 2006 through 2009. Home price changes over the past three years were also taken into account, as markets that lost less value in the downturn have the potential to recover and appreciate that much faster.
The top 10 are:
Houston, TX, Population Growth: 7% Job Growth: 3% Unemployment rate: 7.6%
San Jose, CA,Increase Population Growth: 5% Job Growth: 3.3%; Unemployment rate: 9.2%
Raleigh, NC,Population Growth: 12%; Job Growth: 1.4% Unemployment: 7.8%
Austin, TX,Population Growth: 11% Job Growth: 1.5% Unemployment: 6.6%
Boston, MA,Population Growth: 3% Job Growth: 2.1% Unemployment: 5%
Pittsburgh, PA,Population Growth: 0% Job Growth: 1.8% Unemployment: 6.6%
Fort Worth, TX, Population Growth: 7% Job Growth: 1.8% Unemployment: 7%
Oklahoma City, OK,Population Growth: 4% Job Growth: 2.6% Unemployment: 5.5%
New Orleans, LA, Population Growth: 20% Job Growth: 1.9% Unemployment: 6.5%
Rochester, NY, Population Growth: 0% Job Growth: 1.6% Unemployment: 6.9%
Forbes magazine compiled a recent list of the top U.S. cities that are "ripe for a rebound in real estate."

They sorted home prices over the past 12 months, unemployment rates, 12-month job growth projections, population increases from 2006 through 2009. Home price changes over the past three years were also taken into account, as markets that lost less value in the downturn have the potential to recover and appreciate that much faster.


The top 10 are:

Houston, TX, Population Growth: 7% Job Growth: 3% Unemployment rate: 7.6%
San Jose, CA,Increase Population Growth: 5% Job Growth: 3.3%; Unemployment rate: 9.2%
Raleigh, NC,Population Growth: 12%; Job Growth: 1.4% Unemployment: 7.8%
Austin, TX,Population Growth: 11% Job Growth: 1.5% Unemployment: 6.6%
Boston, MA,Population Growth: 3% Job Growth: 2.1% Unemployment: 5%
Pittsburgh, PA,Population Growth: 0% Job Growth: 1.8% Unemployment: 6.6%
Fort Worth, TX, Population Growth: 7% Job Growth: 1.8% Unemployment: 7%
Oklahoma City, OK,Population Growth: 4% Job Growth: 2.6% Unemployment: 5.5%
New Orleans, LA, Population Growth: 20% Job Growth: 1.9% Unemployment: 6.5%
Rochester, NY, Population Growth: 0% Job Growth: 1.6% Unemployment: 6.9%

--
Alexandra Axsen
Owner/Managing Broker
Lake Okanagan Realty
Tel: 250.870.2792
Alex@LakeOkanaganRealty.com
www.LakeOkanaganRealty.com 

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