Lower property values bring .4M drop in revenue for Worcester
Property assessments are done every three years, rotating between Ocean City, northern Worcester and southern Worcester. Ocean City's projected 10-15 percent drop in property values in fiscal year 2012 represents the resort's greatest decrease to date, …
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Home Sales Rebound Sharply
By Kevin Chiu Pushed by record low mortgage rates and home prices that have fallen drastically from their peak highs, home sales are experiencing sharp rebounds in the Northeast and Midwestern regions of the US, according to the National Association of …
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Home sales end year locally on upswing
Record-low interest rates, affordable prices and general improvements in the economy drove more buyers to the market in 2011, which marked the third-straight year of improved housing sales, according to numbers released Friday by Florida Realtors.
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