September 28, 2010   Fifth of Residential Parcels reduced in Biggest Devaluation since 1978
     The County Assessor has reduced the value of 21 percent of Marin Residential properties in the biggest reassessment purge since Proposition 13.   Assessor Joan Thayer, citing declining values in a deflated real estate market, has reduced the accessed valuation of 16,408 parcels. "This is the worst situation our office has had since the Depression," Thayer declared.
For the whole article click on:  Assessor Home Values Sink

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