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State property values go down Submitted: 08/29/2013
MADISON - Wisconsin's not worth what it used to be. A new study says the value of Wisconsin's homes, businesses, farmland and forests fell .8 percent last year. That's a loss of 3.6 billion. The value of state property has now fallen for five years in a row. The Wisconsin Taxpayers Alliance says the value of the state's properties was about 468-billion last year.

That's down from a peak of 514-billion in 2008. The small decrease since last year may suggest the market has bottomed out and is starting to recover. Wisconsin Taxpayers Alliance researcher Dale Knapp predicts a leveling out, with an increase next year. (Copyright 2013 Associated Press - All Rights Reserved)


Story By: Associated Press

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