The envelopes have arrived. Is it good news or bad news? Well the Prince of Petworth has the homestead deduction so it doesn’t really change things too much. That’s right, the 2008 property assesments are in! And they went up although not as insanely as in past years. According to the Washington Post today District assessments for Petworth went up 16.72% from 2007. I thought the market has cooled, no? At least we are not Brentwood which saw a 46.60% increase from 2007. So how did everyone make out?