10 Hard-Hit Housing Markets That Are Ready to Rebound

10. Minneapolis: Home prices in Minneapolis fell 35 percent from their peaks through the first quarter of 2009. Moody's Economy.com projects home prices there will rise about 2 percent by the first quarter of 2012 and 16 percent by the first quarter of 2014.

Here's our list of the 10 hard-hit housing markets that are ready to bounce back:

1. Tacoma, Wash.: Home prices in Tacoma are projected to increase 22 percent by the first quarter of 2012 and 41 percent by the first quarter of 2014.
2. San Diego: Home prices in San Diego are projected to increase 13 percent by the first quarter of 2012 and 25 percent by the first quarter of 2014.
3. San Francisco: Home prices in San Francisco are projected to increase about 12 percent by the first quarter of 2012 and 26 percent by the first quarter of 2014.
4. Memphis: Home prices in Memphis are projected to increase about 9 percent by the first quarter of 2012 and 24 percent by the first quarter of 2014.
5. Worcester, Mass.: Home prices in Worcester are projected to increase about 6 percent by the first quarter of 2012 and 21 percent by the first quarter of 2014.
6. Warren, Mich.: Home prices in Warren are projected to increase about 5 percent by the first quarter of 2012 and 21 percent by the first quarter of 2014.
7. Boston: Home prices in Boston are projected to increase about 3 percent by the first quarter of 2012, and 18 percent by the first quarter of 2014.
8. Lansing, Mich.: Home prices in Lansing are projected to increase about 2 percent by the first quarter of 2012 and 15 percent by the first quarter of 2014.
9. Chicago: Home prices in Chicago are projected to increase about 2 percent by the first quarter of 2012 and 16 percent by the first quarter of 2014.
10. Minneapolis: Home prices in Minneapolis are projected to increase about 2 percent by the first quarter of 2012 and 16 percent by the first quarter of 2014.

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