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PGCARES

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Prince Georgians Care
Articles Posted: 0  Links Seeded: 3080
Member Since: 1/2007  Last Seen: 5/22/2012

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Prince George's home values lose about a third of their value

Seeded on Sat Dec 18, 2010 1:52 PM EST
Read ArticleArticle Source: gazette.net
home-garden, economy, maryland, prince-georges
Seeded by PGCares
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With more than 70,000 assessment notices to residential property owners in the eastern half of Prince George's County, including homeowners in Laurel, Glenn Dale, Bowie and Upper Marlboro, going into the mail Dec. 27, the assessments are in — and values have dropped.

On average, assessed values have dropped between 30 and 35 percent in the Cycle 2 area, said Joseph Hensley, supervisor of assessments for Prince George's County, on Tuesday.

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