On July 5th the Marin Independent Journal newspaper reported that, "The Marin County assessor, citing a continuing slide in home values, has reduced the value of 27 percent of Marin's residential properties, providing tax breaks for 21,600 home owners.
     The move by assessor Rich Benson eclipses adjustments made last year that reduced the value of 21 percent of the county's residences in what was then the biggest reassessment purge since Proposition 13, providing breaks for 16,000 property owners.
     Benson, noting declining values in a deflated real estate market, reduced assessed valuations for thousands of parcels " mostly because of the economic conditions that have existed" for several years.
     For the whole story click here: Marin Assessor Cuts Marin Home Valuations