By Catherine Reagor | The Republic
Property valuations are out for metro Phoenix homeowners. Why do we care?
The small cards that come in the mail detail your home’s property value, which then will be used to calculate how much you own in property taxes.
Most won’t be surprised to see their home’s value climbed again since the median home price in metro Phoenix recently hit a new record. And it will be a while before homeowners know if their taxes are climbing, too, as tax bills lag property valuations by 18 months in Arizona.
