Photo by nDevilTV

Economists are saying that some of the country’s real estate markets are showing signs of recovering.  Yahoo! Finance says that they expect the national market to bottom out in 2010.  You can read the original article by clicking the link:

Where Home Prices are Likely to Rise

While these cities won’t experience exponential growth, at least there’s a tick upward, rather than down.  Better than Moody’s prediction of  a 16.08% nationwide decrease by the end of the year.  And things don’t improve that quickly, either.  They don’t expect a return to the pre-crash levels until 2014.

If you live in Florida, you probably will continue to see prices drop.  The article cites overbuilding and a slow-growing economy as the obvious reasons.  Contrast this with cities in Texas, where tougher zoning laws prevented overbuilding.  The loss of population and jobs has hurt the Midwest, and Detroit has its own problems related to the auto industry.

Without further ado, here’s the list of the early risers:

Atlanta, GA

1 year change, 2009: -14.91%

3 year change, 2009-2012: 0.98%

5 year change, 2009-2014: 11.35%

Austin, TX

1 year change, 2009: 0.29%

3 year change, 2009-2012: -1.54%

5 year change, 2009-2014: -1.01%

Baltimore, MD

1 year change, 2009: -13.32%

3 year change, 2009-2012: -3.33%

5 year change, 2009-2014: 9.22%

Boston, MA

1 year change, 2009: -9.75%

3 year change, 2009-2012: 4.48%

5 year change, 2009-2014: 20.44%

Charlotte, NC

1 year change, 2009: -8.15%

3 year change, 2009-2012: 3.54%

5 year change, 2009-2014: 12.20%

Wow, a 20% growth in Boston!  I was hoping for some good news in the New York area, but it seems our pain is just beginning.  We’ll only expect a 4% growth over the next 5 years.  I’m glad we’re not planning on moving anytime soon.

How about your area?  Click on the following link to see a complete list that Forbes.com has put together:

In Depth: Where Home Prices Are Likely To Rise

 Print This Post

• 10 Jobs that Require No Bachelors Degree Attention high school grads: You don't have to rack up a mountain of student loan debt in order to secure a good career.  And you don't have to go to the School of Hard Knocks, either.  A recent Yahoo! Hot Jobs article listed ten jobs that require no bachelor's......
• Top 10 Home Deals Across America woodleywonderworks CNNMoney recently listed ten great home buys from across America.  Some of these look like they could be good deals, but be forewarned: many of these "deals" look like the typical McMansion that got us into this subprime mess in the first place. I've created a table of......
• Lifehack Monday, August 17, 2009 Having conquered my coffee addiction, I started my quest to clean up my diet last week, and hopefully drop a few pounds.  Last Monday, I tipped the scales at 214 pounds.  I had regained nine of the twenty pounds that I took off earlier in the year.  My tight......

• The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments......
• Is It Still A Good Time To Invest In Real Estate? Well, it depends on a lot of factors. Like where you're investing. There's a really good site called Housing Tracker that tracks the inventory and median home price for major cities. It has a pretty simple interface and its a great resource. Looking at Los Angeles I saw the inventory......
• Wednesday Lotto AU 750K Today's draw has some potential, as mentioned in the Monday draw comments: Soon to come: A draw where ALL numbers will come from only the last 4-7 draws!! Also look for all small numbers (under 33) to come in one of the next few draws. There is a good possibility......