New Orleans Falls in Top 25 Real Estate Markets Forecast - New Orleans, Louisiana, which had ranked as the Top appreciating housing market in the Housing Predictor Top 25 Markets Forecast for 2007 has fallen to fourth position, despite healthy projected appreciation for the year. The housing market in Albuquerque, New Mexico is appreciating at a higher level causing the change in the Top 25 Markets forecast. Eight local Texas markets, including Houston, which was in second position are on the list. The home market, however, is still experiencing a robust market in New Orleans with a healthy pace of sales in its recovery from the destruction caused by Hurricane Katrina, but the Albuquerque market is moving at a much faster rate of appreciation. Most of the local housing markets in Texas are appreciating at or near record levels, performing at a pace equal to booming markets throughout much of the nation when interest rates were lower and a national real estate buying frenzy occurred until mortgage rates rose slowing the real estate market place in many states.