Quote:
Originally Posted by tummyman
Any change of greater than +/- 5% in this market needs further evaluation.... Same will be true for those who saw large reductions in assessments this time around, as they will not be as happy when there are new sales and the assessments go right back up in their neighborhoods. And lets not offend people with childish suggestions that if they don't like it, move.
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I'm not sure I agree. +/- 5% specifically in the economy we have been experiencing is very much expected, from say late '07 till maybe early summer this year. Same fluctuation can be found in peoples retirement funds, many with 35% or larger lossesd. I for one came in -17% last year in my 401K and right now, today, am at 22.2%...That's a huge swing.