An interesting article from today's Wenatchee World. Helpful or spun stats?
Property values rise by nearly $1 billion in Chelan County
World staff writer
Posted March 20, 2008
"WENATCHEE - The combined value of all real property in Chelan County jumped by nearly $1 billion last year, fueled largely by one of the hottest home real estate markets in the country.
The increase was the largest percentage jump in values in a single year since 1974, when the county began assessing property at 100 percent of its value rather than 50 percent for the purpose of collecting more taxes.
"Property values have gone through the roof," said county Assessor Russ Griffith, now in his 18th year at the post."
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