The recent announcement from the Nassau County Property Appraiser’s Office, projecting an increase in property values, is positive news for our local real estate market and for property owners in general who are building net equity. If history repeats itself, however, this kind of news typically is followed by a couple of our elected leaders dancing in the end zone, claiming the county is in good financial health, that we’ll be “debt free in under 15 years,” and that county coffers are flush with cash.
