A2: Home Values

By

A CBS MoneyWatch report by Ilyce Glink looks at U.S. cities with the highest year-over-year gains in home values – Ann Arbor, with an 11.3% gain, ranks first. From the report: “In Ann Arbor, Michigan and other top college towns, home values have held up better than in many other locations. Ann Arbor is the seat of the University of Michigan. Demand has stayed strong for that University, so it makes sense to me that housing demand has stayed strong as well.” [Source]