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‘Market values’ for Palm Beach houses recall 2008 levels

‘˜Market values’ for Palm Beach houses recall 2008 levels

October 10, 2014

The headline came courtesy of guest speaker Dorothy Jacks, chief deputy property appraiser at the Palm Beach County Property Appraiser’s office.  By and large, her office’s latest estimated “market values” for single-family properties in Palm Beach have returned to pre-recession levels, Jacks said.Cue the applause.According to the numbers prepared for the new tax rolls, the assigned values for houses and single-family residential properties on the island are estimated to total $11.1 billion.  That number contrasts to the $11.3 billion recorded Jan 1, 2008 – 11 months before the recession arrived in Palm Beach.- See more