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In 2021, at least 40 residential properties sold for more than $50
million in the U.S., according to data compiled by the appraiser Miller
Samuel. That’s about a 35% increase over 2020, which was also a record
year.
The country’s eight most expensive homes each sold for $100 million or
more and are spread equally between the Los Angeles metro area; the
New York metro area; Palm Beach, Florida; and ranches in Montana.
Fox News owner Rupert Murdoch’s $200 million purchase of a 340,000-acre
ranch in Montana from Koch Industries topped the list. Read more
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The Kansas chapter of the nation’s largest Muslim civil rights and
advocacy organization is urging the governor to issue an executive order
aimed at stripping discriminatory language from residential property
documents.
Despite a U.S. Supreme Court ruling in 1948 and the federal Fair
Housing Act of 1968 rendering racial restrictions unenforceable,
documents created decades ago by homeowner associations or by
individuals for filing with county governments include restrictions on
renting, leasing, or selling property to members of minority
communities. Read more
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Mayor Bill de Blasio, who vowed to fix New York City’s
dysfunctional property tax reform system eight years ago when
campaigning to be the city’s chief executive, released recommendations
in his final days in office that include creating a new tax class for
small residential and condo owners.
“For far too long, New York City’s opaque and unfair
property tax system has led to vast inequities in New Yorker’s property
tax bills,” de Blasio said in a statement. Read more
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IAAO NEWS
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Submit conference presentation ideas by Jan. 31
Interested in presenting at the 2022 IAAO Annual Conference in Boston?
The Call for Presentations is now open. The submission deadline is Jan.
31. Anyone interested is encouraged to submit presentation ideas as soon
as possible, and registration discounts of up to $200 may be available
to presenters. See the presentation information page on the IAAO site
for more information in order to submit a presentation.
GIS/Val Tech Conference early deadline is Jan. 24
Registration is open for the 25th Annual GIS/Valuation Technologies
Conference, March 27-30, at the Hilton New Orleans Riverside hotel in
New Orleans. The early bird registration deadline is Jan. 24.
Jack Dangermond, founder and president of Esri, will be the opening keynote speaker. Other keynotes include a presentation by Dr. John C. Finn, Ph.D., of Christopher Newport University on Geography of Segregation in the 21st Century, and a presentation by Water Wise Gulf South on ways to advance green infrastructure.
For more than 25 years, the GIS/Val Tech conference has been the
favorite annual event for assessors and the GIS professionals who use
technology to make property assessment and tax administration more
accurate and efficient. Optional workshops will provide deep dives into a
number of important topics. Registration is available on the conference site. The full schedule is at https://gisvaltech2022.sched.com/.
IAAO’s new AAS Fast Track program allows designation completion in just a year
The new IAAO AAS Fast Track Program now allows students the opportunity
to achieve the Assessment Administration Specialist designation within
12 months and completely online. Any student may participate in the
online courses offered for the AAS designation. Additional information
and designation requirements can be found on the IAAO website here .
Live online courses will begin in February 2022, but students can begin
taking available self-study courses at any time. The list of self-study
courses is here .
Pricing for self-study courses is $399 for members and $625 for
nonmembers. Live online courses hosted by IAAO HQ and taught by
IAAO-certified instructors are $499 for members and $725 for nonmembers.
Approved AAS candidates who register for an AAS-required IAAO live
online class by Jan. 14, 2022, can receive 10% off by using coupon
code AAS2022 during online checkout.
IAAO joins other valuation groups for DEI webinars
IAAO has joined the American Society of Appraisers,
Appraisal Institute (AI), American Society of Farm Managers & Rural
Appraisers (ASFRMA), MBREA, and the National Society of Real Estate
Appraisers (NSREA) to present a series of free webinars on diversity,
equity, and inclusion.
The first webinar,
“Revealing Relevance for the Appraiser Profession,” will air 1 to 4 p.m.
Eastern on Monday, Jan. 31. Presenting experts David Doering, ASA, IFA;
Robbie Wilson, ASA, RA, SRA; Scott Reuter, and Danny Wiley, SRA, will
discuss details of a Freddie Mac study, including questions/points from
the research and what appraisers can do in light of the research
findings.
They will also discuss how the three approaches to value
inform an opinion of value; how comparable sale selection can lead to
inadvertent effects on the opinion of value; how neighborhood or market
area determinations are made, and how this definition can cause
inadvertent negative impacts. Registration for the webinar is available here.
Resident access and transparency the topic
of Tyler online seminar in January
Tyler Technologies, an IAAO Conference partner, will be offering a
webinar on “Citizen Access and Transparency” at 2 p.m. Eastern on
Friday, Jan. 28.
Residents have come to expect the convenience of online services —
whether they are ordering groceries or shopping for a new house — and
increasingly they expect government to deliver the same level of
services. The pandemic has only increased this demand. Residents need
online access to information and to file marriage licenses, pay taxes,
etc. Access to property valuation data is now an option.
Find out how constituents, businesses, agencies, and community
organizations can benefit from easy access to high-interest property
assessment data online. Not only do these services improve efficiency,
but they reduce waiting times and improve resident satisfaction. Register here
Mobile, cloud-based platforms focus of webinar with Data Cloud Solutions, a Woolpert Company
IAAO Conference partner Data Cloud Solutions, a Woolpert
Company, is offering an online seminar at 1 p.m. Eastern on Friday, Jan.
21, on “How Mobile and Cloud-Based Platforms Increase Accessibility,
Adaptability, and Productivity for Field and Office Staff.”
This webinar, presented by Daniel Anderson, a Woolpert vice
president and Data Cloud Solutions Practice Leader, will discuss how
your jurisdiction can increase adaptability and productivity of office
and field staff, no matter the circumstances. Register here.
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IAAO IN THE NEWS
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McHenry quoted in Kansas City Star story
IAAO 2021 President Greg McHenry
was recently quoted in a Kansas City Star story about a proposal by a
Missouri legislator to ban counties from increasing homeowners’ taxable
property values more than 5% or the rate of inflation — whichever is
higher — in each two-year reassessment. McHenry said that tax rates
apply across counties equally, so homeowners whose properties appreciate
faster would be shifting their tax burden toward those who experience
more modest growth. Read more
| IAAO CONNECT CORNER
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IAAO Connect members are talking about turnover in the industry, and
how jurisdictions are dealing with hiring difficulties. Read more
| | AROUND THE INDUSTRY
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Brenda Dones of Weld County named 2021 Colorado Assessor of the Year
The Colorado Assessors’
Association has named Weld County Assessor Brenda Dones as the 2021
Colorado Assessor of the Year, which recognizes her strong leadership
and professionalism. Dones was presented with the award at the
association’s 2021 winter conference on Dec. 8 in Colorado Springs. Read more
Iowa Supreme Court sides with Polk County Assessor Ripperger on public records dispute
Property owners who want to remain at least partly anonymous can do so, according to the Iowa Supreme Court.
The court mostly sided with Polk County Assessor and past IAAO
president Randy Ripperger in a decision about a long-running public
records dispute issued last week against the Iowa Public Information
Board. Read more
Indiana Gov. Eric Holcomb recently announced several appointments to
state boards and commissions, including Jackson County Assessor Katie
Kaufman, and Rosemary Mandrici, St. Joseph County Assessor, to the state
Certification Appeals Board. Read more
Latest data from BC Assessment paints a grim picture for young buyers, experts say
The latest data from BC Assessment shows significant increases in property values across Canada ’s
Lower Mainland. It’s another blow for young people hoping to buy,
experts say. The numbers, which are based on market values as of July 1,
2021, showing increases hovering around 20 per cent and higher across
the region for detached homes.
“It's been devastating for some of my clients,” Vancouver Realtor Kate MacPhail said. Read more
Mumbai waives property taxes on houses up to 500 square feet
Property tax on residential units of up to 500 square feet, within the
Mumbai municipal area limits, will be waived off, the Maharashtra
government said late last week.
In the current system, property tax is levied for a building. But since
last year, the Brihanmumbai Municipal Corporation (BMC) has also
started issuing property tax on individual flats. There are around
400,000 housing societies in the city. Read more
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+ Orlando, Florida
Commercial Real Estate Appraiser Analyst III, Orange County Property Appraiser See more
Senior Director, Valuations, Orange County Property Appraiser See more
+ Phoenix
Chief Appraiser, Maricopa County Assessor See more
+ West Palm Beach, Florida
Chief Appraiser, Palm Beach County Property Appraiser See more
+ Greenwich, Connecticut
Statistician-Assessor's Office, Town of Greenwich See more
+ Everett, Massachusetts
Assistant Assessor, City of Everett See more
+ Williamsburg, Virginia
Deputy Director of Real Estate Assessments Division, James City County See more
+ Bloomfield, Connecticut
Real Estate Appraiser or Real Estate Appraiser/Analyst, City of Hopewell See more
+ McKinney, Texas
Commercial Staff Appraiser, Collin Central Appraisal District See more
+ Poquoson, Virginia
City Real Estate Assessor, City of Poquoson See more
+ Pontiac, Michigan
Equalization Officer, Oakland County See more
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International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
816-701-8100
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Keith Robison
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