Kendall County Home Prices Wilt Under Growing Property Tax Bills

In recent decades, Kendall County has long been seen as a bright spot in the Chicagoland area, earning “fastest growing in the nation” honors for nearly doubling in size during the 2000’s.

But according to an analysis by Local Government Information Services (LGIS) of property taxes and home values, which publishes the Will County Gazette, population growth hasn’t rubbed off on the county’s home equity.

All five Kendall County communities analyzed saw their real home prices fall dramatically from 2007 to 2015, from a low of 17 percent in Montgomery to a high of 44 percent in Plano.

For more on this story: http://willcountygazette.com/stories/511101869-analysis-kendall-county-home-prices-wilt-under-growing-property-tax-bills

Related Content