Where do you live? The value of my home, and those in my neighborhood have gone up for the past 4 years, slightly slower pace this year (2009) but certainly 2007 to 2008 was a steep climb... I have to say its the same for 3 other people I know, inclines in prices (real sales prices) in their neighborhoods. As for the original poster... This is very discouraging news, I have appealed mine in the past (not drastic changes) without issue. I did not appeal this year, although I should have.... Your post gives me some concern coming into next year, when I fully expect to have to appeal to bring mine back inline with my fellow neighbors.