Median house prices in the U.S. increased 16.9% last year, hitting an all-time annual high of around $360,000, according to data from the National Association of Realtors. The reasons for this rapid ascent are many, including pandemic demand, low inventory, and low interest rates, even as pros predict they will rise in 2022.
   “By and large, homes are getting more expensive,” says Elizabeth Renter, data analyst at NerdWallet. But some markets bucked this trend last year — and actually saw price decreases, according to recent data from real estate data firm ATTOM, which looked at 173 metropolitan statistical areas with a population of 200,000 or more. Read more
   Moving into a new house can be an exciting time: meeting the neighbors, checking out the restaurants, navigating local government processes like applying for a homestead exemption. OK, so dealing with government processes isn’t likely to be exciting, but it represents one of the first interactions a new resident has with local government.
   County governments don’t have it any easier. They have to staff their office for an entire calendar year of activities (appraisals, appeals, tax bills, tax roll certification, etc.) and deal with a deluge of exemption applications that have to be approved within a set period of time, usually around the beginning of the year. Read more
West Virginia House to consider bill readjusting oil and gas valuation methodology
  The West Virginia House of Delegates will consider a bill designed to more properly value oil and natural gas wells for property tax assessments — again.
   The House Finance Committee advanced the bill, which would change the methodology used for oil and gas property tax valuation after a law the Legislature passed last year proved unpopular with both the industry and county governments. Read more
Services set for Immediate Past President Greg McHenry, AAS
   IAAO Immediate Past President and Riley County, Kansas, Appraiser Greg McHenry, AAS, passed away unexpectedly Feb. 24. Services will take place March 11 and 12.
   "Greg was one of the greatest examples of what a great leader should be: strong, kind, calm, dedicated, with unquestioned integrity,” IAAO President Wade Patterson said. Greg served as IAAO President in 2021, was on the Executive Committee from 2019-2022, and on the IAAO Board from 2015-17. See the full announcement.
   Memorial contributions suggested by the family include the IAAO Education Fund.
IAAO to host member Town Hall on April 5
   IAAO will host an online Town Hall at 11 a.m. Central on Tuesday, April 5, to update members on recent association activities and plans for 2022 and beyond. Members can register to attend at http://www.iaao.org/townhallreg.
   President Wade Patterson and Executive Director Debra McGuire, MBA, IOM, CAE, will discuss strategic planning efforts, deliver updates on committee and task force activities, and review the status of IAAO meetings, membership, and education. Questions may be submitted before the Town Hall to townhall@iaao.org. Register now. The IAAO Studios are sponsored by Tyler Technologies.
IAAO joins appraisal groups on valuation statement
   IAAO joined five other industry housing valuation groups to condemn an email sent to a leading researcher on bias and discrimination in housing valuation.
   IAAO supports industry efforts to work on the issues of bias and discrimination in a constructive manner, with respect for all views and participants in the conversation.
   U.S. Rep. Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, released the text of the email and called on federal regulators, the Appraisal Subcommittee, The Appraisal Foundation (TAF), and the Appraisal Institute to investigate appraiser misconduct and potential illegal discrimination.
  IAAO Executive Director Debra McGuire, MBA, IOM, CAE, is meeting with leaders from other appraiser industry groups in Washington, D.C., on March 8 to discuss issues in more depth as well as plans for additional action.
March is IAAO Membership Madness
   The annual IAAO Membership Madness contest is underway. The first 64 members to refer a new member who joins IAAO in March will be entered into IAAO Membership Madness. That gives members the chance to receive one FREE IAAO Self-Study Course. Each IAAO Membership Madness bracket winner will be decided by a coin flip on Facebook Live at 10 a.m. Central on April 4.
   To refer a member, have the new member include your name on the membership application form, available at www.iaao.org/memberapp.
GIS/ValTech conference is March 27-30
   The 25th Annual GIS/Valuation Technologies Conference is only weeks away and interested attendees should register soon.
   The conference is March 27-30 and will take place at the Hilton New Orleans Riverside hotel in New Orleans. Jack Dangermond, founder and president of Esri, an international supplier of GIS software, will be the opening keynote speaker. Other keynotes include a presentation by 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.
   Optional workshops will provide deep dives into a number of important topics. Registration is available on the conference site. The full schedule is here.

Nominations accepted for IAAO awards, Fellows

   IAAO is accepting nominations for its Awards and Fellows programs through May 1. 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 each year .
2022 in-person IEW set for June in Kansas City
   Applications are being accepted for anyone interested in becoming an IAAO instructor. The IAAO Professional Development Department, along with the IAAO Education Committee, is offering the Instructor Evaluation Workshop, including auditions, June 16-18 at the IAAO headquarters in Kansas City. The hotel is a short walk from the headquarters building. Those who pass the audition will be considered a junior instructor and will be able to teach in the live classroom. Bilingual applicants are encouraged to apply. Spots are limited, so apply now by clicking here. Registration ends April 8.
Legal Task Force accepting papers for Austin event       
   The IAAO Legal Task Force is accepting program topic proposals for the IAAO Annual Legal Seminar, Dec. 1-2 in Austin, Texas.
   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, unique valuation problems, effective representation, courtroom technology, public policy, appeal processes, public relations, and ethics.
   Click here to submit a presentation topic. The deadline to submit topis is April 15.
Professional Development Standard comments due
   IAAO’s Board of Directors recently approved a revised version of the "Standard on Professional Development" for 30-day exposure to the membership and comments are due by Friday.
   The revised draft standard covers basic guidelines for the professional development, education, and certification of assessing officers, including appraisers, assessment managers, tax policy administrators, mappers, and assessors; those who provide professional or technical assistance to assessing officers; those who supervise or review the work of assessing officers; and those who seek employment in assessment administration.
   Comments on the proposed standard should be sent no later than March 4 to Larry Clark (clark@iaao.org), IAAO staff liaison to the Research and Standards Committee. Read more

Property tax breaks supported for Florida police, teachers, military members

   The Florida House last week unanimously passed a proposal that would ask voters to increase homestead property-tax exemptions for first responders, teachers, and military members, with the issue expected to go before a key Senate committee this week. Read more
   A Tasmanian economist has argued a decrease in rental prices due to a land tax slash is a "myth propagated by the property industry." Tax relief is hoped to ease the cost of living for owners of rental properties, shacks, vacant land, and commercial property. But there are concerns Tasmanians are still paying double in comparison to mainland counterparts for the same property value.” Read more
   The Consumer Financial Protection Bureau (CFPB) recently outlined options to ensure that computer models used to help determine home estimates are accurate and fair. The options will now be reviewed to determine their potential impact on small businesses. Read more
   Silicon Valley politician and Match.com founder Gary Kremen ended his campaign for Santa Clara County assessor five hours after a report revealed allegations from a former staffer. Read more
   An $800 million housing tax on property developments intended to fund social housing for vulnerable residents in Victoria, Australia, has been dumped by Premier Daniel Andrews.
   Only two weeks ago, Andrews' government announced plans to impose a 1.75% levy on new developments of more than three dwellings to pay for the construction of thousands of social and affordable houses. Victoria is a state in southeastern Australia, and its capital is Melbourne. Read more
   It's a date Missourians are all too familiar with: Dec. 31. The deadline every year to pay taxes on your personal property. But what if you didn't have to do that anymore?
   Republican State Sen. Bill Eigel of St. Charles is working to make that happen, and it would start with St. Charles County.
   Lawmakers are taking up the matter in Jefferson City, and they heard from a firefighter who wants them to think twice.
   "There's a flip side of the story that needs to be told and people need to understand,” said Cottleville Fire Protection District Chief Skip Stephens. Read more
+ Vancouver, Washington
Real Property Appraiser I/II/III, Clark County Assessor's Office See more
+ Charleston, West Virginia
Director of Property Tax, West Virginia State Tax Department See more
+ Kansas City, Missouri
Assessor, International Association of Assessing Officers See more
+ Largo, Maryland
Real Estate Assessor, Prince George County See more
+ Titusville, Florida
Valuation Appraiser, Brevard County Property Appraiser See more
+ Phoenix
Business Analytics/CAMA Supervisor, Maricopa County See more
Chief Appraiser, Maricopa County See more
+ Needham, Massachusetts
Director of Assessing, Town of Needham See more
+ Fairfax, Virginia
Financial and Program Auditor (Management Analyst IV), Fairfax County See more
+ Charlottesville, Virginia
Assistant Assessor-Commercial, Albemarle County See more
+ Fayetteville, North Carolina
Real Estate Appraisal Supervisor, Cumberland County Tax Administration See more
+ Fort Collins, Colorado
Appraiser I, Larimer County Assessor See more
International Association
of Assessing Officers
314 West 10th Street
Kansas City, Missouri 64105
Share news:
Keith Robison
Don't want these emails?
Unsubscribe here.