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The Impact of Market Trends on Your Property Tax Assessment
Devine Intervention: Shedding Light on Illinois Property Tax
17 minutes 50 seconds
7 months ago
The Impact of Market Trends on Your Property Tax Assessment
In this episode of Devine Intervention, host Kevin Rosenquist is joined by property tax attorney Nora Devine to explore how market trends affect property tax assessments in Illinois. They discuss past real estate cycles, including the 2006-2008 housing crash and the pandemic-driven market boom, and how these fluctuations influence assessments for homeowners and commercial property owners alike. The conversation also covers industrial and office real estate trends, assessment challenges, and the process for appealing unfair property tax evaluations.
Devine Intervention: Shedding Light on Illinois Property Tax