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The housing market is so broken that many millennials build houses in their parents’ backyards
To many people, the image of a nuclear family in a
stand-alone house with a green lawn and white picket fence still
represents a fulfillment of the American dream.
However, this ideal is relatively new within a broader
history of housing and development in the U.S. It’s also a goal that has
become increasingly unattainable.
Over the past century, the U.S. has lost a rich
variety of living options because of the homogenization of zoning
policies that prioritize single-family housing, as well as developers’
desire to have inexpensive and easily replicated building plans.
These development prescriptions are so pervasive that
it is now illegal to build anything other than a single-family house on
75% of residential land in American cities. Read more
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With Montana property taxes climbing, drumbeat for a tourist tax grows
Missoula homeowners and others around the state will
receive what they may dread the most later this month — the state's
latest appraised value of their property.
With market values on the rise, the mills levied by the
city and county will rise as well. It's a function of the state's
current tax system and it's one that a growing number of city and county
leaders from across the state contend no longer works. Read more
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As of last Thursday, the governor had vetoed eight
bills in three days, five of which originated in the Senate, adding fuel
to his feud with Lt. Gov. Dan Patrick. Read more
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IAAO NEWS
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Former IAAO President Jewette Farley dies
IAAO 1999 President Jewette H. Farley, CAE, FIAAO, passed away on June 20. He was 86.
Services are set for 2 p.m. Friday, June 23, at the Kilpatrick Funeral Home in Ruston, Louisiana.
Mr. Farley said his greatest achievement was going from
having never set foot in an assessor's office to being elected to lead
the largest assessment administration organization in the world: IAAO.
He served IAAO as vice president, president-elect,
president, and immediate past president. He was recognized as IAAO's
Most Valuable Member in 1995. Read more
June 28 webinar: ‘Building from Bias’
The IAAO June webinar will focus on the importance of how our profession interacts with all members of society.
Having an awareness of what is meant by “implicit” or
“unconscious” bias is critical from a professional or personal
development perspective. The webinar will draw from an interdisciplinary
perspective with built environment examples building on existing
knowledge.
The webinar, set for noon Central on Wednesday, June 28,
will be presented by Brian Gay, and is eligible for 1.5 CEU hours. The
webinar is free for IAAO members and $77 for nonmembers. Register here
June 30 is deadline for Legal Seminar proposals
The IAAO Legal Task Force is accepting program topic
proposals for the IAAO Annual Legal Seminar, Nov. 30 to Dec. 1, in
Louisville, Kentucky. The theme of the seminar is “Assessing the New
Norm.”
The Legal Task Force is seeking qualified professionals to
present on topics of interest to lawyers and assessors. Possible topics
include, but are not limited to, income approach/cap rates; commercial
office spaces; solar, wind, and battery assessment; real vs. personal
property; cell phone towers; data centers; prep and trial: practical
skills; mediation, expert witnesses, cross examination, opposing counsel
and litigating effectively.
Click here to submit a presentation topic. The deadline to submit topics is June 30.
Board election filing deadline is July 1
Members interested in running for the IAAO Board of Directors should submit candidate materials by July 1. Check out the Elections page on the IAAO website for more information and the submission forms.
Candidates from the following states CANNOT run for Board
of Directors regular positions that begin in 2024, as there are already
sitting regular board members from these states: Georgia, Kansas, New
Jersey, North Carolina, Texas, and Tennessee. This does not apply to the
officer positions.
Regular members in good standing will be able to vote
electronically from Nov. 1-15 for the regular board member and officer
positions. Read more
Functional feminism: An apolitical guide to women’s empowerment subject of July 18 WIN call
Women’s advocate and Florida lawyer Dana Brooks will speak
at noon Central on Tuesday, July 18, during the next Women's Initiative
Network conversation. As a lawyer, advocate for women, collaborator,
mother, and small business mentor, Dana is one of Tallahassee’s “25
Women You Need to Know.”
She began her career in clinical social work but felt
called to advocacy and problem-solving. Join us as Dana discusses her
new book, Functional Feminism: An Apolitical Guide to Women's
Empowerment, released on Amazon. Conversations are free, and all are
welcome. Register here.
Conference golf registration deadline is July 27
July 27 is the deadline to sign up for the golf tournament at the
IAAO Annual Conference. The tournament will be Sunday, Aug. 27, and the
Utah Chapter of IAAO is hosting the event at the Eaglewood Golf Course.
Fees are $110 per person and separate packages
including transportation and/or golf club rentals are also available. Register here.
USPAP workshop to be offered at conference
IAAO is offering Workshop 191 on Sunday, Aug. 27, in Salt Lake City, before the start of the IAAO Annual Conference.
The workshop is a national seven-hour USPAP Update offered
for continuing education for licensure and certification through The
Appraisal Foundation. The workshop provides a general overview of USPAP
guidelines, advisory opinions, statements, and other appraisal
practices.
Conference registration is not required, but participants must
register by Aug. 9 for the workshop. The cost is $229 for members and
$339 for nonmembers. The USPAP textbook is included. Register as part of
conference registration or register here.
IAAO partner offering webinar on CAMA, GIS
IAAO Strategic Partner Esri Canada will offer a webinar on
their CAMA and GIS products from 1-2 p.m. Eastern on Wednesday, Aug. 9.
Learn how to supercharge your property assessments with
Esri Canada's Assessment Analyst GAMA — the game-changing solution for
fair, accurate, and efficient valuations. Discover how to integrate GIS
technology and see how GAMA can transform the way you calculate property
values. No more juggling multiple GIS environments. They will explore
the potential of assessment analytics and reveal hidden insights through
spatial analysis. GAMA empowers users to streamline valuations
effortlessly, ensuring precision and ease. Register here.
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IAAO Connect members are talking about gathering data for the income approach portion of residential demonstration appraisals. Read more
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AROUND THE INDUSTRY
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Quantá Crews selected to Arizona House
The Maricopa County Board of Supervisors appointed
IAAO member Quantá Crews last week to replace Flavio Bravo in the
Arizona House of Representatives.
She is an experienced property tax assessor, has
served as the second vice chair for the Legislative District 26 board,
and is a member of the IAAO USPAP Advisory Group. She is also an
ordained minister. Read more
In San Francisco, government errors erase billions
of dollars in commercial real estate valuations
San Francisco is proving to be ground zero in the
nationwide commercial real estate collapse. While the values of offices
and malls are tumbling in many U.S. cities, the losses in San Francisco
are more dramatic and, unlike elsewhere, have extended to hotels. Read more
Scott Teruya appointed to NACo committee
County of Maui Director of Finance and former IAAO board member Scott
Teruya, AAS, was appointed to a national exploratory committee on
artificial intelligence established by the National Association of
Counties. Read more
Australian investors brace for major office valuation markdowns
Commercial property investors are bracing for a major wave
of valuation markdowns as the sector is hit with multiple headwinds of
rising interest rates, structural changes in work habits and low sales
volumes.
The full extent of the declines will be revealed in the
coming reporting season, with analysts predicting a slump of up to 20
per cent in prime office values, and even more for lower
investment-graded properties. Read more
U.S. home construction surges by most in 30 years
Groundbreaking on U.S. single-family homebuilding projects
surged in May by the most in more than three decades and permits for
future construction also climbed, suggesting the housing market may be
turning a corner after getting clobbered by Federal Reserve interest
rate hikes. Read more
Seattle voters to decide on $970 million affordable housing levy
Seattle voters will weigh in this fall on whether to raise
property taxes to fund affordable housing, higher wages for human
services workers and assistance for middle-income homebuyers.
The Seattle City Council voted unanimously Tuesday to send
the seven-year, $970 million housing levy renewal to the Nov. 7 ballot,
when Seattleites will also vote on seven council seats. Read more
Judge rejects effort to block 10-year property tax relief plan from going before Colorado voters
An effort by conservative fiscal activists and GOP-led
counties to block a 10-year property tax plan formed by Gov. Jared Polis
and Democrats in the legislature from going before voters in November
was denied last week by a Denver judge. Read more
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Chestfield, Virginia
• Appraiser III, Chesterfield County See more
Kissimmee, Florida
• Commercial Appraiser, Osceola County Appraiser's Office See more
Fort Collins, Colorado
• Applications Support Specialist, Larimer County Assessor See more
Durham, North Carolina
• Tax Administrator, Durham County See more
Tyler, Texas
• Statistical Analyst/Appraiser, Smith County Appraisal District See more
Deland, Florida
• Commercial Property Analyst, Volusia County Property Appraiser See more
Portland, Maine
• Director of Regional Assessing, Cumberland County See more
Orange, Virginia
• County Assessor, Orange 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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