Newswires reported today that sales of new homes in the U. S. posted an unexpected gain in September although that improvement followed after sales had fallen to a record slow pace. The Commerce Department reported yesterday that sales of new homes rose by 4.8 percent in September – good news for an industry that had been forecasting that sales would fall by another 2.5 percent. In fact, that means the new home market in September performed 7.3 percent better than expected! Let’s continue to hope that the media doesn’t talk us right into a recession that really isn’t happening. This is a great time to turn to your real estate professionals on The Anne Lakusta Team and find a great buy on your perfect home. And that’s a fact, not just a sales pitch!

Comeback Cities: Top Places Ready for a Rebound

The following is a list of the 10 metro areas identified by Business 2.0 magazine,including their projected median sales prices for single-family homes and the percentage of growth expected in the next two years. While the numbers are moderate, they are a huge improvement over what's been happening in these cities and others.

1. Dallas-Ft. Worth
Q1 2008: $151,930
Q4 2009: $161,690
Growth Rate: 6.4%

2. Indianapolis
Growth rate: 6.3%

3. New Orleans
Growth rate: 5.7%

4. Atlanta
Growth rate: 5.6%

5. Montgomery, Ala
Growth rate: 5.5%

6. Memphis
Growth rate: 5%

7. Mobile, Ala
Growth rate: 4.7%

8. Austin, Tx
Growth rate: 4.7%

9. Houston, Tx
Growth rate: 4.6%

10. St. Louis, Mo
Growth rate: 4%