Article Rubs W.F. City Leaders the Wrong Way

Published 01/22 2014 06:28PM

Updated 08/21 2014 11:16AM

A recent article by an online company that prides itself on educating, amusing and enriching the public Is rubbing Wichita Falls city officials the wrong way.

The Motley Fool is a multi-media financial services company that provides financial solutions for investors. Earlier this week they released an article that named Wichita Falls as the number one Not-So-Hot Housing Markets Set to Fall in 2014.

The city's top official says companies often times look at older statistics for articles like this. He also says the write up couldn't be farther from the truth.

"Our home sales were up last year.  I've got a strong suspicion that our property taxes or property valuations city wide and probably county wide will actually go up somewhat this year. So, I take it with a grain of salt and go on the do what we're doing," says Wichita Falls Mayor Glenn Barham.

Other cities that made the list include Elkhart, Indiana, Ocean City, New Jersey, Valdosta, Georgia and Hagerstown, Maryland.

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