Sounds like Ellen Clark may not be so bullish about the housing market either

In an upcoming letter to the editor, she says:
"

If your value for next year went up 15 percent or to $115,000 your taxes at $1.50 would be $1,725 or basically the same as this year. Since our residential market is almost flat very few are going to have a 15 percent increase in tax value unless you are extremely undervalued in 2006. (emphasis added)

More food for thought. Feel free to ask City Manager Jim Landon or any of the downtown oldtimers if they agree with Ellen, since she is a long-time, downtown real estate agent.

Update, Oct. 28: OK, wipe the snarkiness off my face, somewhat (but not entirely). Ellen e-mailed my office e-mail and said the "almost flat" referred only to prices. Fair enough. Of course, that gets back to other posts of mine about the city being at least one development code behind the curve in promoting better building down here and how a lot of people let that happen for a lot of years.