About Lebanon County, PA

It is great to see the development with the NEW REDNER'S store coming to the town of Palmyra. The new store will be approximately 8,ooo sq. ft. larger than the current location offering many new upgrades. Redner's will now be able to increase the amount of products and services they are not able to offer presently. Such a sweeping change to this location I feel is long overdue and I feel welcome that Redner's has decided to make this move. This is I believe great news for the communities right here in Palmyra with close proximity of this Redner's to Springbrook Farms, Wheatstone, and the fast growing community of Arbor Greene.

507 Sweetwater Dr.

4 bdr. 2 ½ bath $289,900

Ready to MOVE IN! This exquisite 4-bedroom, 2.5-bath home with over 2,600 sq.ft. of living space features a lovely family room with fireplace, 2-story foyer, spacious parlor, additional over size garage and beautiful master suite with soaking tub & large walk-in closet. Come relax in Morning Room.

http://www.shopepremiergroup.com/Listings/0/25356/PA/Palmyra/507-Sweetwater-Dr.aspx

The latest numbers came out giving the report of pending home sales for October.

Month over month, the index is up 0.6% in the Northeast and 7.8% in the South, it is down -4.3% in the Midwest, and -8.7% in the West. Once again we see all real estate is local proving last months article about this area being a real estate "Safe Haven" This shows month over month why Dauphin, Lancaster, & Lebanon counties is a great place to buy real estate.

foreclosures skyrocketing and home prices plummeting, real estate has had a tough year. But in certain pockets across the country the damage has been minimal -- if nonexistent.We found six cities with slow, steady growth, using data from Fiserv Lending Solutions, a home-price research company. These cities' local economies have kept unemployment and foreclosure rates below average. Plus, their affordability index -- a measure of home prices versus family income -- is low.

For comparison, we also pinpoint an average market and the worst market in the country.

Safe Havens

Lancaster, Penn.

Population: 498,465
Median home price: $206,000
12-month change in home value: +1.6%
Affordability index: 3/10
Homes sold this year: 1,166
Home value vs. national average: Same
Top employer: R.R. Donnelly & Sons publishing company

Known as an Amish cultural hub, the city is also home to a diverse group of industries, including printing and food processing. This helps keep the local market stable and unemployment low, as losses in one sector aren't devastating to the overall economy.

Locals say Lancaster is a conservative lending market, which limits foreclosures.

The Pennsylvania Department of Education has released the estimates of how gaming revenue from slots will affect how much property taxes will be reduced for homeowners in each school district in the County. The breakdown is estimated as follows:

Annville-Cleona $85.00

Cornwall-Lebanon $127.00

Elco $86.00

Lebanon City $401.00

Northern Lebanon $140.00

Palmyra $55.00

Each school district will determine the exact amount of relief that each property owner will receive after thay determine the 2008-09 property tax rates.