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RV living: A growing trend in wealthy California’s housing crisis
   Tamara Hernandez moved into a recreational vehicle when her rent shot up. Beau Beard did it because he lost everything after going to prison.
   Stories like theirs abound in California where RVs and trailers, once a symbol of carefree living by the ocean, increasingly reflect a less glamorous slice of life in the Golden State: a housing crisis and the growing number of people living without a roof over their head.
   A third of all the homeless people in America live in wealthy California, which if it were a country would boast the world's fifth-largest economy. Read more
 
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China vows to ‘adjust and optimize’ property tax policy in ‘torturous’ economic recovery
   China’s top leaders pledged to “adjust and optimize policies in a timely manner” for its beleaguered property sector, while elevating stable employment to a strategic goal, along with other pledges to boost domestic consumption demand and resolve local debt risks.
   Chaired by President Xi Jinping, the Communist Party’s top decision-making body said it would implement a “counter cyclical” policy and stick largely to a prudent monetary policy and pro-active fiscal policy, according to a readout published late Monday of a quarterly meeting of the Politburo. Read more
 
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Boulder, Colorado, is
the most active luxury housing market in the U.S.

   Affluent home buyers drove demand for beach getaways and outdoorsy communities, which reigned as the hottest luxury markets in the U.S. in the second quarter, according to the high-end cut of the latest Emerging Housing Markets Index from The Wall Street Journal and Realtor.com.
   Up from third place last quarter, Boulder — a hot spot for outdoor enthusiasts because of its miles of walking, hiking, and biking trails, as well as its proximity to the mountains — has risen to first place. Read more
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IAAO NEWS
2024 Board of Directors candidates certified
   The IAAO Nominating Committee has certified the list of candidates to run for the 2024 IAAO Board of Directors. The election will take place Nov. 1-15, with ballots sent via email on Nov. 1. The certified candidates running for the board are:

President-Elect
• Donna VanderVries, CAE, AAS, PPS (Michigan)
Vice President
• William Healey, RES (Maine)
Region 1
• Allen Jolley (California)
• Douglas P. Warr, AAS (Oklahoma)
Region 2
• Lloyd Funk, CAE (Manitoba)
• Timothy Hall Sr. (Alabama)
• Samuel A. Walker, AAS, RES (Wisconsin)
• Ginny Whipple, AAS (Indiana)
Region 3
• Opal B. Hudson (Florida)
• Kevin W. Prine, RES, AAS (Virginia)
 
August webinar: ‘Post Pandemic Senior Housing’
   The August IAAO webinar will focus on “Post Pandemic Senior Housing.”
   Senior housing joined the ranks of several commercial property use groups that were affected by the pandemic. This webinar addresses specific topics that have created valuation issues for senior housing, such as operating characteristics, monthly/daily rates, occupancy, expenses, capitalization rates, and transaction volume.
   The webinar, set for noon Central on Wednesday, Aug. 16, will be presented by Brad Eldridge, CAE (Douglas County, Kansas) and Kevin Bradshaw, CAE (Unified Government of Wyandotte County and Kansas City, Kansas) and is eligible for 1.5 CEU hours. The cost is $55 for IAAO members and $77 for nonmembers. Register here.
 
Register for USPAP workshop 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.
 
Designation Discourse: MAS and AAS designations
   Thinking about earning an IAAO MAS or AAS designation? Current MAS and AAS designees will be available to answer your questions.
   Join Professional Development Committee members, select current designees, and program staff on Aug. 10 as they answer questions and share experiences in earning an AAS or MAS designation. This is an informal Zoom chat for those interested in earning an IAAO designation, and all are welcome.
   Chats are on the second Thursday of every other month. The next chat will be an open discussion on designations and will take place on Oct. 12. Register here for the August chat.
 
Check out IAAO’s Industry Service Partners webpage
   IAAO has established a new Strategic Business Partner Program for year-round engagement of members and the business community and current partners are listed on a new Industry Service Partners webpage.    
   IAAO Strategic Business Partners are companies that have made a commitment in support of IAAO and assessment jurisdictions. These companies are dedicated to the mass appraisal community, and offer programs, products, and services that can help your jurisdiction run effectively and efficiently.
   The Industry Service Provider webpage can be used as a source for companies providing the resources needed to administer property tax.  For more information about the program, email Leann Ritter at ritter@iaao.org or call 816-701-8161.
 
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.
   The webinar 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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MEMBER CONNECT CORNER
Hot topic: appeal no-shows
   IAAO Connect members are talking about regulations and fees for ‘no-show’ appeals. Read more
AROUND THE INDUSTRY
Lawmakers seek to limit corporate and foreign ownership of U.S. farmland
   U.S. lawmakers from both parties are pushing legislation that would limit who can own American farmland, with a latest effort from Democratic Sen. Cory Booker aimed at curbing corporate ownership.
   Farm groups and lawmakers are concerned that land buys by investors and foreign countries are driving up farmland prices and threatening national security. Booker's Farmland for Farmers Act would ban most corporations, pension funds and investment funds from buying or leasing farmland. Read more
 
In Mecklenburg County, 10% of all revaluation appeals came from just one corporate landlord
   Among the 23,000 property revaluation appeals sent to Mecklenburg County this year is a name that appears again and again.
   Charlotte, North Carolina, attorney Lawrence Shaheen shows up in the appeals some 2,400 times, county data show. His main client, the publicly traded corporate landlord American Homes 4 Rent, is responsible for about 10% of all revaluation challenges in the county. Read more
 
Punjab approves assessment of property tax after nearly a decade
  After a considerable gap of nine years, the Punjab caretaker government has finally given its approval for the assessment of property tax across the province.
  According to the summary approved by the cabinet, a comprehensive valuation table for property tax will be formulated, taking into account the new rents. Read more
 
Walmart, Sam’s Club, and Scheels are suing a Wisconsin town
   The city of Eau Claire, Wisconsin, has found itself on the receiving end of a number of lawsuits as retailers argue their property tax bills are astronomical.
Walmart, Sam's Club, and Scheels all filed suits against the city on July 21 to challenge this year's property tax bill. The retailers still have pending lawsuits in Eau Claire County Court over the same issue for 2021 and 2022.
   The latest filings against the city come over a decade after Eau Claire officials were first faced with lawsuits about its taxation assessment process, including by the retailers that filed this month. Read more
 
Foreclosures in the U.S. are rising: the 10 cities where they’re up the most
   In June, roughly 2.5 out of every 10,000 homes had a distressed property or foreclosure filing, according to data provided by ATTOM, a real estate data clearinghouse. In the first six months of 2023, the number of homes receiving a foreclosure filing was just under 186,000.
   In the years around the housing recession of the late 2000s, about 15 times as many borrowers were going through foreclosure. Read more
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Charlottesville, Virginia
• Appraiser I or Appraiser II, City of Charlottesville See more
 
Marietta, Georgia
• Real Property Appraiser 3 or 4, Cobb County Board of Tax Assessors See more
 
Brighton, Colorado
• Assessor Analyst-Regression Modeler/Compliance Analyst, Adams County See more
 
Portland, Maine
• Director of Regional Assessing, Cumberland County See more
 
Brookfield, Wisconsin
• Deputy City Assessor, City of Brookfield See more
 
Regina, Saskatchewan, Canada
• City Assessor, City of Regina See more
 
Nashville, Tennessee
• Commercial Appeals Appraiser, Metro Govt of Nashville and Davidson County See more
 
Orlando, Florida
• Appraiser Analyst III, Commercial Valuations, Orange County Property Appraiser See more
 
McKinney, Texas
• Commercial Staff Appraiser, Collin Central Appraisal District See more
 
Bend, Oregon
• Property Appraiser III, Deschutes County See more
 
Chicago
• Industrial Commercial Valuations Junior Analyst III, Cook County Assessor's Office See more
 
Greenwich, Connecticut
• Commercial Real Estate Appraiser, Town of Greenwich See more
• Assessment Technician, Town of Greenwich See more
 
Orange, Virginia
• County Assessor, Orange County See more
 
 
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International Association
of Assessing Officers
 
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816-701-8100
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