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Rise in Tarrant County property values puzzles some homeownersBy ANTHONY SPANGLER May. 16, 2009FORT WORTH — A reeling economy plus rising foreclosures plus a faltering housing market equals higher home values. Sound like fuzzy math? Thousands of property owners in Tarrant County may be asking that question. Roughly the same number of homeowners’ values increased as fell, but overall property values rose 4.6 percent in Tarrant County in the past year, according to preliminary data. Values would have dropped if not for an additional $1.2 billion in taxable mineral rights and $4.4 billion in residential and commercial construction, data released Friday show. So why did some properties rise in value against the downward current? This entry was posted on Saturday, May 16th, 2009 at 11:14 am and is filed under Fort Worth, Texas, News, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.Leave a Reply |
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