Monday, June 01, 2009

Rise in Tarrant County property values puzzles some homeowners

By ANTHONY SPANGLER May. 16, 2009

FORT 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.

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