Talk of The Villages Florida - View Single Post - Are Real Estate prices still dropping?
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Old 06-25-2011, 01:57 PM
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Figmo Bohica Figmo Bohica is offline
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My little sister in Idaho just got her property tax assessment. House price droped 49K and her property tax went up. The letter they sent with the bill explained that property tax would be assessed accounting to the needs of the county budget not the value of the property. Sounds like a rip off to me, but that is what our elected officials are doing instead of living within the tax budget means.

Here in our little corner of NM, any house priced over 125K is not selling. The mines just reopened and no one has good enough credit to get a loan. Therefore we are renting our house. Might want to come back here in the summer if we find that we can not stand the summers in TV. But we are going to give it a couple years just to make sure we like the summers, then put the house back on the market. Hopefully by then things will have turned around and homes will start selling again.
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