Maryland Property Values Drop | WAMU 88.5 - American University Radio

: News

Filed Under:

Maryland Property Values Drop

Play associated audio

Property assessments are down by 22 percent in the past three years in Maryland. The Maryland Department of Assessments and Taxation says real estate values on residential properties have suffered the largest decline in the history of the department.

The state reassesses properties every three years. The new assessments are based on the sales of about 51,650 properties over that period of time. While they play a role in determining local property taxes, next July's tax bills will be calculated with tax rates set by local governments.

The department mailed notices yesterday to nearly 740,000 property owners reflecting the drop.

2011 Md. Property Reassessment by SDAT

NPR

Out Of Ukraine, This 'Suitcase' Packs An Immigrant's Story With Humor

Ari Shapiro talks with first-time novelist Yelena Akhtiorskaya about her book, Panic in a Suitcase.
NPR

McDonald's Responsible For Treatment Of Workers, Agency Says

The National Labor Relations Board has found that McDonald's shares responsibility for working conditions at its franchised restaurants. The company will fight the ruling.
NPR

Senate's Highway Trust Fund Bill Sets Up Conflict With The House

A short-term fix for the nearly empty Highway Trust Fund is a step closer to President Obama's desk. Congress has been talking about the long-term problems with the construction account, but the two chambers have not agreed on a long-term solution.
NPR

OkCupid Sometimes Messes A Bit With Love, In The Name Of Science

OkCupid, the online dating site, disclosed Monday that they sometimes manipulate their users' profiles for experiments.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.