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Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008

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CNNMoney.com conducted a study to identify cities where home prices are likely to rise the most - or fall the least - over the next 12 months. In the current market real estate investment stability is at a premium to investors as well as new home owners.

The top six cities were:

  1. Atlanta
  2. Boston
  3. Cincinnati
  4. Cleveland
  5. Detroit
  6. Houston

The article states that the reason Cincinnati appears on this list is a result of the city’s manufacturing-heavy economy which should benefit from the falling dollar. Commercial building is up, core city improvements are underway, and high-end developments are moving in.

Some of these developments include The Banks Project, The Gateway Quarter, and other 3CDC projects downtown are contributing to the local economy. Other notable development in the suburbs include Kenwood Towne Place, Nordstrom, and the recent addition of IKEA.

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