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Town of Falmouth, Maine
271 Falmouth Road
Falmouth, ME 04105
town@town.falmouth.me.us
(207) 781-5253

 
December 12 Agenda Item 9
Attachments:
Attachment NameAttachment SizeAttachment Date
Size: 822K
Last Updated: 2011/12/7
Size: 23K
Last Updated: 2011/12/7
Subject:
Report from the Assessor regarding current market conditions and assessment levels.

ACTION: No Council action anticipated.
Summary:
Assessor Anne Gregory will report on current and past real estate market activity.  The decrease in market values, increase in “short” sales and upsurge in refinancing appraisals have resulted in an increase in taxpayer concerns and queries concerning their property’s assessed value.  In addition to discussions with taxpayers, the Assessor has been in contact with real estate brokers, appraisers and bankers and will relay her findings.

A copy of the powerpoint presentation and a memo from staff are attached.

 

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