• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / Business / Property values see slight jump

Property values see slight jump

August 15, 2008 By WRN Contributor

Property values in Wisconsin are seeing a slight increase.

Despite slumping home sales nationwide, Jessica Iverson with the state Department of Revenue says Wisconsin saw a small increase in residential property values last year. State values grew by about three-percent during 2007. Most of the increase was the result of new construction, with existing homes only increasing in value by about one-percent.

Still, Iverson says Wisconsin is doing better than many other states. Nationwide, existing property values decreased by about a half percent in 2007. Iverson says Wisconsin's growth shows that our economy has been able to remain somewhat resilient.

The lower numbers could mean trouble for local governments, which use the values to set property tax rates.

AUDIO: Andrew Beckett reports (MP3 :59)

Share this:

  • Facebook
  • Twitter

Filed Under: Business, Taxes



Featured Stories

Future of abortion in Wisconsin hinges on SCOTUS ‘Roe’ decision

Juvenile arrested in connection with death of Lily Peters

Missing Chippewa Falls girl found dead, police seek suspect

Medical marijuana legislation gets public hearing at Capitol

Tommy Thompson announces he will not run for governor

TwitterFacebook

Sports Headlines

Giannis breaks franchise scoring record, Bucks beat Nets in OT

Wisconsin’s Davis declares for NBA Draft

Badgers to face Arizona State in Las Vegas Bowl

Williams likely out for the season with broken hand

Packers releasing TE Jace Sternberger

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2022 · Learfield News & Ag, LLC