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	<title>Cecil Times &#187; houses</title>
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		<title>Cecil County Property Values Rise in South County; Home Sellers Benefit, Residents Could Face Higher Tax Bills</title>
		<link>https://ceciltimes.com/2019/01/cecil-county-property-values-rise-in-south-county-home-sellers-benefit-residents-could-face-higher-tax-bills/</link>
		<comments>https://ceciltimes.com/2019/01/cecil-county-property-values-rise-in-south-county-home-sellers-benefit-residents-could-face-higher-tax-bills/#comments</comments>
		<pubDate>Thu, 10 Jan 2019 23:40:27 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Alan McCarthy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[cecil county]]></category>
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		<category><![CDATA[Gary Duffy]]></category>
		<category><![CDATA[houses]]></category>
		<category><![CDATA[Joe Zang]]></category>
		<category><![CDATA[land]]></category>
		<category><![CDATA[norman Wehner]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[state]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">https://ceciltimes.com/?p=5407</guid>
		<description><![CDATA[Home values rose 9 percent in southern Cecil County and parts of Elkton over the past three years, according to new state property assessments&#8211; reflecting a resurging real estate economy in the county and a blessing for homeowners who suffered major losses in values during the recession that left them with mortgages higher than their property was worth. But the new valuations could mean higher tax bills for some residents. The Maryland Department of Assessments and Taxation (MDAT) recently issued new property valuations for one-third of Cecil County, covering southern Cecil County and parts of Elkton in an area designated as “Group 1.” One-third of county properties are re-assessed by the state each year, with all properties re-evaluated over a three-year cycle. The new assessments calculated that residential properties rose in value by 9 percent over their last evaluation three years ago, while commercial property values in the area rose by 11.4 percent in the “Group 1” area. Gary Duffy, supervisor of assessments for the Cecil County office of MDAT, told Cecil Times that the Group 1 area of the new assessments covers the south county, including Earleville, Cecilton, and Chesapeake City, plus sectors of Elkton south of I-95 and [&#8230;]]]></description>
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		<title>Gloom, But Not Doom, in Cecil Housing Market</title>
		<link>https://ceciltimes.com/2008/09/gloom-but-not-doom-in-cecil-housing-market/</link>
		<comments>https://ceciltimes.com/2008/09/gloom-but-not-doom-in-cecil-housing-market/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 11:50:49 +0000</pubDate>
		<dc:creator><![CDATA[Nancy Schwerzler]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Cecil Whig]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[cecil county]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[houses]]></category>

		<guid isPermaLink="false">https://ceciltimes.wordpress.com/?p=57</guid>
		<description><![CDATA[   It was nice to see the Whig write about housing foreclosures in Cecil County in Tuesday&#8217;s editions, focusing on a counselor who is working with families and their mortgage lenders to find solutions. We&#8217;ve been hearing about the foreclosure &#8220;crisis&#8221; nationally for quite some time so it was overdue for the Whig to write about the local scene. But there is more to the housing picture in Cecil County.     A local Realtor, Megan McGonigal, has been posting monthly information and analysis of Cecil County home sale trends and a look at the data shows all is not doom for the housing market here. In fact, the length of time for the buying market to &#8220;absorb&#8221; all the homes available for sale has improved since February.  And in July, the average days on the market before a house sold was 166 days, up just 19 days from the 147 days it took to sell homes in July, 2007.  You can read her report here: https://cecilcountyconnection.com/blog.cecilcountyconnection/2008/09/29/what-is-the-cecil-county-real-estate-market-doing-august-2008/     There is a wealth of data about Cecil County houses that are in pre-foreclosure status (papers filed but not yet taken over) and bank-owned houses on the Realty Trac website. Most recent stats [&#8230;]]]></description>
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