Four homes for sale on a single block on Novi drive in Riverbank epitomized the state of the housing industry last fall. Homeowners finally are finding a benefit in the plunging values - tax officials say property assessments will drop for about 25 percent of Stanislaus County. Alison Yin/The Modesto Bee
Four homes for sale on a single block on Novi drive in Riverbank epitomized the state of the housing industry last fall. Homeowners finally are finding a benefit in the plunging values - tax officials say property assessments will drop for about 25 percent of Stanislaus County. Alison Yin/The Modesto Bee Modesto Bee
Four homes for sale on a single block on Novi drive in Riverbank epitomized the state of the housing industry last fall. Homeowners finally are finding a benefit in the plunging values - tax officials say property assessments will drop for about 25 percent of Stanislaus County. Alison Yin/The Modesto Bee Modesto Bee

Plunging home values mean falling taxes in Stanislaus

February 12, 2008 04:06 AM