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Detroit homeowners overtaxed by $600 million

JANUARY 10, 2020 | by Christine Macdonald | THE DETROIT NEWS

By Christine Macdonald and Mark Betancourt, includes “Detroit overtaxed homeowners by at least $600 million after it failed to accurately bring down property values in the years following the Great Recession, according to an investigation by The Detroit News. City Hall completed a state-ordered reappraisal of every residential property in 2017 to correct the problem, but the pain of its past mistakes remains with thousands who today face foreclosure over back taxes. …”

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