Tax protest in Seneca County

For sale in Seneca County: $125,000

We were not surprised to learn that Standard & Poor's estimates US home values fell over 3% last year, and no recovery is on the horizon.

Standard & Poor's said Monday there was little promise for an upturn in US home values after their national price index fell again in January.

The S&P/Case-Shiller index for 20 main US cities fell by 3.1 percent at an annualised rate, and was down 0.2 percent from December.

"The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery," said S&P's David Blitzer.

Apparently rural Seneca County, which recently mailed out new assessment notices, is bucking the national trend.  Struggling Seneca residents can't believe that while the rest of the nation's home values declined, their modest properties have experienced a significant increase.  We note that a protest gathering has already been scheduled, per this announcement in a local paper:

WE HAVE TO STOP THIS OVER TAXATION AND WE MUST START FROM THE GROUND UP. 

Did you get your new proposed tax assessment?  Public Meeting to express concerns and comments Tuesday, April 12, at 7:00 pm, at  the Town Hall in Ovid.