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Aspen, Colorado, real estate: Billions sold, and a billionaire's hold >
Lawrence Yun, chief economist of the National Association of Realtors, views the Aspen-area residential real estate market through a lens of tens. “Very, very few markets in this country have this 10-10-10 market situation of where you have a 10,000 square-foot-house that costs $10 million for a home buyer who wants to use it only 10 days a year,” he said. Yun’s remarks — while steeped in reality — attracted scattered chuckles from those at the Aspen Board of Realtors’ Annual Market Update Luncheon. Read more
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When cybercriminals struck Lake City, Florida, last June, city officials had to make a tough choice: Pay the hackers or restore systems on their own. A ransomware attack had hijacked the government’s computer network and held it hostage for several weeks. While the attack didn’t affect the police, fire, or financial departments, it wreaked havoc on phone lines, email, utility records, and many other services. The hackers first demanded about $750,000 in bitcoin from the small, rural city to give it back control of its network. Read more
Ghost kitchens, food preparation spaces used for delivery purposes only, are beginning to set up shop in regional malls, but industry sources are split on their value as tenants. Retail store closures set an all-time record in 2019 with around 9,300 closings, according to research firm Coresight Group. In 2020, the consensus is store closures and bankruptcies will continue to weigh heavy on landlords. But despite these struggles, the food and beverage sector continues to expand. Read more
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IAAO NEWS
+ Membership Madness – refer new members! >
The first 64 IAAO members to refer a new member who joins IAAO in March will be entered into IAAO Membership Madness for the chance to win free accommodations (four nights) at the 2020 IAAO Annual Conference, Aug. 30-Sept. 2, 2020, in Denver. The IAAO Membership Madness bracket winner will be decided by a coin flip at 10 a.m. Central, April 6, 2020, on Facebook Live. Each Membership Madness bracket entry is reserved for the first 64 new member referrals between March 1 and March 31, 2020. One referral entry per IAAO member. For more information or questions, contact Jill Wilbeck at wilbeck@iaao.org.
 
+ Full 2020 Conference registration now open >
Full conference registration and hotel room selection is now open for the 2020 IAAO Annual Conference in Denver, set to take place Aug. 30 - Sept. 2 at the Colorado Convention Center. Attendees can go online, or download a paper form, to register for the conference. Attendees can register at the early bird registration rate until July 17. The early bird rate for IAAO members is $645 and $845 for nonmembers. Guest registration is $300. Single day registration is also available, and attendees can buy tickets for nonregistered guests for the Welcome Reception, Awards Luncheon, breakfasts, lunches, and Closing Gala. Registration for the pre-conference Women's Initiative Workshop on Friday, Aug. 28 and Saturday, Aug. 29, is also available. Read more
 
+ Nominations accepted for Awards, Fellows program >
IAAO is accepting nominations through May 1 for its Awards Program and Fellows Program. The Awards Program boasts 17 categories recognizing individual and organizational achievements in several areas, including publications, technical expertise and service to IAAO. Award winners and Fellow selections are recognized at the IAAO Annual Conference. The Awards Program is a highly visible event and all IAAO members and affiliated organizations are encouraged to submit nominations. Fellow nominees are brought forth by the IAAO membership annually and submitted during the awards nominations period. Read more
 
+ Emerging Leadership Summit registration closes soon >
Registration closes soon for the Emerging Leadership Summit, scheduled for April 2-3 at the George W. Dunne Cook County Office Building in downtown Chicago. The Summit is designed to provide a powerful professional development opportunity for emerging leaders wanting to advance their careers in the assessment industry. Attendees will develop the skills needed to navigate the unique dynamics of a typical assessment office and discover leadership tools needed to guide an assessment office into the future. Read more
 
+ Registration for Prep & Trial Seminar now open >
Registration is now open for the 2020 Preparation and Trial of the Property Tax Appeal Seminar, June 18-19, on the campus of Drake University at Cartwright Hall in Des Moines, Iowa. For the first time, the mock trial will feature a case involving a big-box store. Will Shepherd, legal counsel for the Hillsborough County, Florida, Property Appraiser's Office, and Peter Korpacz, president of Korpacz Realty Advisors Inc., are assisting in adapting the case for the mock trial. Shepherd was the lawyer who argued the original case, and Korpacz was an expert witness. The Legal Task Force is seeking qualified professionals to present on topics of interest to lawyers and assessors. Submission deadline for a 200-word abstract has been extended to March 31. Send submissions using the abstract submission form to Heather Steel at steel@iaao.org. Read more
 
+ Next session of leadership course now available >
Registration for the next National Association of Counties High Performance Leadership Academy for assessors is underway and will start on April 20. Built by Gen. Colin Powell, Marshall Goldsmith, and other accomplished leaders, the Leadership Academy is an online 12-week program that empowers county government professionals with fundamental leadership skills. The retail price of the 12-week program is $1,995 per enrollee. However, the first enrollee from each NACo member county receives a one-time NACo scholarship of $1,500, bringing enrollment down to $495. There is a $300 subsequent IAAO discount also available for additional enrollees and non-NACo members. Read more
 
+ April 15 IAAO webinar: Excel Can Do That?! Part 3 >
This webinar follows the popular webinars "Excel Can Do That?!" and "Excel Can Do That?! Part 2." In this third installment, participants will learn how the new Power features in Excel can be used to enhance assessors' workflows, gain actionable insights, and increase productivity. Read more
 
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IAAO Connect Corner
+ Hot Topic: Use of subject sale as comparable >
IAAO Connect members are currently discussing Use of subject sale as a comparable in an appraisal. Read more
 
AROUND THE INDUSTRY
+ Detroit City Council explores compensation for over-taxed homeowners >
Detroit needs to find some way to compensate homeowners who were over-taxed for years. That’s what the Detroit City Council heard from a number of residents at a sometimes-emotional hearing Tuesday night. Detroit admits that it failed to adjust property assessments and taxes as property values tumbled after the Great Recession, and that many Detroiters paid too much. But there’s disagreement over exactly how long that went on, and what to do about it. Read more
 
Every decade, we use a census to determine where people are going in the States. Lately, we’ve been noticing a trend of people moving to major cities and suburbs in an attempt to find more jobs. This means that many smaller cities and towns are losing residents at an alarming rate. Read more
 
Tiny houses are everywhere. They’ve received heavy coverage in the media and there are millions of followers on dozens of pages on social media. While there is no census for these homes, they have seen a surge in popularity in the decade since the Great Recession – witness the prolific growth of tiny house manufacturers, for instance. Originating in the US, tiny homes have also been popping up across Canada, Australia and the UK. Read more
 
Senators in the Kansas Legislature last week embraced sweeping changes to restrain county appraisers and property valuations that increase local tax burdens. The Senate passed legislation that would prohibit appraisers from increasing property valuations because of normal maintenance made to the property. They also couldn’t raise valuations while valuations are being appealed. Read more
 
A coalition of developers and civil rights activists is pushing hard for property tax changes in New York, but the obstacles are formidable. Read more
 
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+ Philadelphia >
Chief Assessment Officer, City of Philadelphia-Office of Property Assessment See more
 
+ Red Deer, Alberta, Canada >
Assessment Coordinator/Analyst, The City of Red Deer See more
 
+ Nashua, New Hampshire
Chief Assessor, City of Nashua See more
 
+ Chesterfield, Virginia >
Appraiser IV, Chesterfield County See more
 
+ Albuquerque, New Mexico >
Valuation Relief Manager, Bernalillo County See more
 
+ Greenwich, Connecticut >
Assistant Tax Assessor, Town of Greenwich See more
 
+ Fort Lauderdale, Florida
Appeals Specialist, Broward County Property Appraiser See more
 
+ Charlotte, North Carolina
Sr. Appraiser, Mecklenburg County Government See more
 
+ Fairbanks, Alaska
Borough Assessor, Fairbanks North Star Borough See more
 
+ Salisbury, North Carolina
County Assessor, Rowan County See more
 
 
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