Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are fluctuations in the real estate market reflected in my assessment?

April 26, 2017assessment fluctuations market Real Estate reflected

0

Posted

How are fluctuations in the real estate market reflected in my assessment?

1 Answer

0

Posted

Throughout the year the assessor researches and analyzes property sales and establishes trends which indicate how much values are decreasing, increasing, or if they are remaining stable. The assessor then takes the trend analyses into account when calculating assessments for the coming year.