Tax Assessment Decline-in-Value Filing Deadline: November 30, 2026
By Inna Ivchenko, REALTOR® | Residential & Commercial
(Equity Union )
Could Your Los Angeles Property Be Over-Assessed? The Decline-in-Value Filing Deadline Is November 30A few years ago, Los Angeles real estate looked very different.Homes were selling quickly. Multiple offers were common. Buyers were competing above asking price, and in many neighborhoods prices were being pushed higher almost month after month.Today, the market is much more selective.Higher mortgage rates have reduced purchasing power, properties are taking longer to sell, and buyers have considerably more negotiating leverage. In some areas, values have softened enough that homeowners should take a closer look at something they may not normally think about:Is your property’s assessed value still higher than its actual market value?If the answer may be yes, there is an important Los Ang...
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