From Property Reports:
"It has been a while since I have reviewed the property sales for The
City of Racine as recorded in the Wisconsin IPAS – which stands for:
Integrated Property Assessment System. For the month of November, the
IPAS records show that 154 documents were recorded. Foreclosures were
down, with only 29 foreclosures recorded for November 2013. The
disconnect between assessed values and sale prices continues to grow. It
becomes apparent, from looking at the data, that the City has grossly
over-assessed the older and poorer neighborhoods – thus shifting a
greater tax burden onto the backs of the working poor."
Read more: http://racinesales.wordpress.com/2013/12/22/november-property-report/
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