Originally Posted by
corey r.
Foreclosed homes bring down the neighborhood price average. Also if your home is now worth less becuase of houses that have sold this year, you will see it on next years taxes. They appraise them annually. If you think your taxes should be lowered, you can call your county tax appraiser and have them look at it.
According to what Midiablo posted, I wont see a decrease based on forclosures... As far as home value being down

already seen decrease last year. I paid 254k and tax accessments last year appraised at 186k..Sucks ass.
Seriously considering short selling this place and buy in the same neighborhood for 160-180k