It seems all you hear from the media is how low home prices are dropping. But, in some markets around the United States, homes are still appreciating, according to First American CoreLogic Inc. These cities had the highest home price appreciation in 2008:
1. Cedar Rapids, Iowa: 8.83 percent
2. Binghamton, N.Y.: 7.78 percent
3. Amsterdam, N.Y.: 7.89 percent
4. Malone, N.Y.: 7.60 percent
5. Bay City, Mich.: 6.87 percent
6. College Station-Bryan, TX: 6.78 percent
7. Rocky Mount, N.C.: 6.69 percent
8. Auburn, N.Y.: 6.51 percent
9. Lebanon, PA.: 6.41 percent
10. Elmira, N.Y.: 6.28 percent
11. Johnstown, PA.: 6.20 percent
Source: First American CoreLogic
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Looks like things are good in your part of PA. I ask that you send some of that good luck down to Hanover!