Hattip to reader the_nothing for this article from WTOP:
"After the uproar over Fairfax County's property assessments, those assessment will be mailed out again Thursday. The bottom line: The assessments are the same, but the breakdown between your home's value and the value of the property your house sits on will be different. Overall, residential property values declined an average of 3 percent countywide".Also, be sure to check out Tanta's Tale of Real Estate Predation over at Calculated Risk. The article is in response to the Washington Post story this morning entitled "My House. My Dream. It Was All an Illusion," by Brigid Schulte.