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Chesterfield Home Values Almost Complete Recovery From 2008 Recession

Home values in Chesterfield County have made an almost complete recovery from the 2008 recession, and it makes county planning easier, and an increase in the tax rate less likely.

Americans lost trillions of dollars in home values during the recession, but in Chesterfield, it’s all coming back. “Oh, this is good news…,” Lou Lassiter, Deputy County Administrator says, “People’s home values have rebounded to 97% of where they were back in 2008.”

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