Search Results

There are 1 item(s) tagged with the keyword "increased value".

Displaying: 1 - 1 of 1

1. Increased assessed values in County

  Property values are on the rise in Tulare County, a phrase not spoken in five years.Tulare County Assessor Roland Hill reported Tuesday that the total value of all property - secured and unsecured - in the county reached an all-time high last year, topping out at a net value of $27.415 billion. The previous high of $27.258 billion was set in 2008-09.Property values grew by 2.987 percent in the past year, the best growth in five years.“We have to go back to 2008-09,” said Hill of the last time property values grew by as much. Since 2008-09, several times property values actually declined.“It was right after that [2008], that the bottom fell out,” he noted.Property values are an important indicator of the local economy. 

Tags: 2013, news, increased value

Displaying: 1 - 1 of 1