MILWAUKEE — If you own  property in the City of Milwaukee, you might want to brace yourself. Property assessments get mailed out on Wednesday.

And when you slice open the envelope, you might see a bigger number than you were expecting – and that could mean a future tax increase.

A hot real estate market has values spiking across the country, and it’s the same here in Milwaukee.

It’s increasing in every city district, from a 10 percent jump on up to more than 30.