In the News
Property Tax Trouble: Can You Fight City Hall?
KSL Radio reported that "for three years in a row, the average homeowner saw property values drop in Salt Lake County. At the same time, many are paying higher taxes."
In recent weeks, home owners have received letters from the county assessor's office saying how much their homes are worth and what amount of property taxes they owe.
Salt Lake County Assessor's Office, Kevin Jacobs, says the property value drop countywide is around 2.5 percent. REALTORS also keep close tabs on property values. Dave Anderton, communications director with the Salt Lake Board of Realtors, said they've seen home values drop slightly more on average than the assessors have. He figures the drop is more like 3 to 4 percent, and he doesn't see that stopping in the short term. "For six months of this year we are still seeing home prices fall," said Anderton.
In recent weeks, home owners have received letters from the county assessor's office saying how much their homes are worth and what amount of property taxes they owe.
Salt Lake County Assessor's Office, Kevin Jacobs, says the property value drop countywide is around 2.5 percent. REALTORS also keep close tabs on property values. Dave Anderton, communications director with the Salt Lake Board of Realtors, said they've seen home values drop slightly more on average than the assessors have. He figures the drop is more like 3 to 4 percent, and he doesn't see that stopping in the short term. "For six months of this year we are still seeing home prices fall," said Anderton.
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