Gregg County Property Values Down
Posted/updated on: May 11, 2012 at 10:19 am
LONGVIEW — Natural gas prices are hurting property values in East Texas. According to KETK and the Longview News-Journal, property values in Gregg County dropped from $8.2 billion last year to $7.9 billion this year. The values aren’t being helped by the combination of low natural gas prices and companies shifting operations to the Haynesville Shale in South Texas. White Oak was the only area in the county to see an increase. The values will be certified by mid summer.
