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One in four homeowners have challenged their property taxes

As we watch the values of our homes drop, we would expect to see our county assessor’s valuations drop as well, resulting in lower property taxes. However, that is not the case in many counties as homeowners find their homes being valued higher by assessor’s than the market value is. Well, according to a survey [...]

St. Louis Real Estate – St Louis area home price declines vs assessors property values

Dennis Norman

In an article this morning on StlToday.com I saw where property values, as determined by the St. Louis CountyAssessors office, declined 6.1 percent from 2007 to 2009.   Hmm, I thought, that sounds pretty good actually, I think the St. Louis housing market would be doing great if that was close to reality.  [...]