Winnipesaukee Forum - View Single Post

fatlazyless · 11-27-2007, 10:34 PM

Gee whiz...I don't know...but it's just my hunch....that pretty soon we will be hearing the LAGGING word quite a bit. As in,,,"oh, it's a LAGGING indicator," and 'of course, the assessed value will LAG the market value for at least a year, or more, or more, or more."

So, how come the assessed value as printed on my property tax bill is a lot higher than what the market is saying? "Because it is a LAGGING indicator." Got that....the assessed value will LAG the market value for....oh....maybe one....two....or threeeee years according to the good people down at the assessor's dept.

So, when you soon hear and see the LAG word pop up in assessed value realty-speak, you'll know it is just a variation of the lag screw as in hardware store lag screw....but with a different twist.

11-27-2007, 10:34 PM	#29
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,795 Blog Entries: 1 Thanks: 301 Thanked 1,026 Times in 746 Posts	...lag, lagging, lagged, laggest Gee whiz...I don't know...but it's just my hunch....that pretty soon we will be hearing the LAGGING word quite a bit. As in,,,"oh, it's a LAGGING indicator," and 'of course, the assessed value will LAG the market value for at least a year, or more, or more, or more." So, how come the assessed value as printed on my property tax bill is a lot higher than what the market is saying? "Because it is a LAGGING indicator." Got that....the assessed value will LAG the market value for....oh....maybe one....two....or threeeee years according to the good people down at the assessor's dept. So, when you soon hear and see the LAG word pop up in assessed value realty-speak, you'll know it is just a variation of the lag screw as in hardware store lag screw....but with a different twist.