"Property-tax notices mailed out to Maricopa County homeowners today will deliver one more reminder of the severe housing slump.
Most people will see a drop in their home's assessed value because of the collapse of the local housing market. According to the Maricopa County Assessor's Office, home values fell an average of 23 percent during the 12 months that ended in November. Not everyone will see the same drop in upcoming tax bills.
A big part of that drop is due to a record number of foreclosures, which for the first time are being used to assess property values in Arizona."
Click below to read more...
Property-tax notices reflect the housing crash, but not your bills
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment