While some areas of the country and state have experienced rapid real estate devaluation, that isn’t the case in Franklin or Isle of Wight County, according to Steve Wampler of Wampler-Eanes Appraisal Group Ltd. Wampler-Eanes is in the process of conducting the 2010 general reassessments in both Franklin and Isle of Wight County. “There are going to be stable to negative (assessment) numbers sent out here,” he told the Franklin City Council last week. The last assessment in 2008 yielded a nearly 17 percent increase in property values citywide. “We’re not going to have the increases that we had last time this go-round,” Wampler said. Because of the timing of the reassessment, the impending closure of International Paper Co.’s Franklin mill hasn’t affected property values, Wampler said. Click here for the full story from Tidewater News.