Tax assessments hit the mailboxes of LaFayette Ridge neighbors today.
On average, the new "fair market value" of homes in the neighborhood ranged from $130,000 - $169,000. These prices are considerably lower than the original sales prices of LaFayette Ridge homes back in 1997.
On a positive note, mortgage rates are at the lowest levels in decades at 3.79% for a 30-year fixed rate and 3.04% for a 15-year fixed rate.
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