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re: Home prices are now contracting at levels only seen 2 times

Posted on 9/23/23 at 12:13 pm to
Posted by Athis
Member since Aug 2016
11909 posts
Posted on 9/23/23 at 12:13 pm to
MY SIL purchased brand new in Maryville Tenn. for around $300,000 2years ago. She just got her Tax bill and her house is valued at $450,000...
Posted by MoarKilometers
Member since Apr 2015
18277 posts
Posted on 9/23/23 at 12:38 pm to
quote:

She just got her Tax bill and her house is valued at $450,000...

The correlation between assessed tax value and market price is tenuous at best.
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