October 9, 2008
So as
I was saying in my last post, local governments around the country hire real estate assessors (different from appraisers but they both take inspector courses) to assess entire neighborhoods’ home values in one fell swoop. The reason the government needs this information is to base the amount of real estate tax they charge each individual in their jurisdiction based upon the value ascribed their home by the assessor. As there will always be current houses around even if no one is selling them or building new ones, this job is in demand whether the market stinks or not.
