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Assessed St. Louis home values expected to decline again

Although the housing market may be picking up, assessed home values in St. Louis are expected to decline for the third time in a row.

St. Louis County's first elected assessor, Jake Zimmerman says preliminary computer models show values dipping slightly. Zimmerman told the St. Louis Post-Dispatch that human assessors may tweak the figures after examining individual homes.

He says anyone whose assessed property value increases will be notified by mail right away so that there's plenty of time for an appeal before the bills go out in the fall.

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