In Palo Alto, Calif., buying real estate the size
of a king mattress would cost over $80,000
A dollar today isn’t what it used to be, particularly when it comes to real estate,” says Senior Economist Aaron Terrazas in a recent report from Zillow Research. The Zillow report looks at how much real estate one dollar can buy in square inches. At the national level, the report found one dollar can buy 1.07 square inches of the average home, down from 1.23 square inches a year ago, and 2.09 square inches in 1998. But location matters. So, while $1 buys a little more than one square inch nationally, it buys only about 40 percent of a square inch in New York or Los Angeles. Read more
Poll: Most New Jersey residents fine with legal weed, if it lowers property taxes >
New Jersey residents are more likely to support legalizing recreational marijuana if they are convinced its proceeds would be used to lower their property taxes, according to a new poll. Read more
Colorado could raise property tax rates for short-term rentals >
As elected officials across Colorado struggle to avoid steep budget cuts to rural fire stations, libraries and other public services, one group is looking to short-term rentals such as Airbnbs for a possible solution. Right now, those properties are valued and taxed as homes. Read more
+ IAAO Annual Conference opens Sunday >
The IAAO Annual Conference in Minneapolis will open on Sunday night with the Welcome Reception at the Mill City Museum. Registration will be open on Saturday and Sunday and programming starts on Monday. Read more
+ Appraiser Qualifications Board meeting is Sept. 28 >
The Appraiser Qualifications Board (AQB) will hold a public meeting in Raleigh, North Carolina on Friday, Sept. 28, 2018, from 9:00 a.m.-noon EDT. The meeting will focus on implementation issues related to the Real Property Appraiser Qualification Criteria that became effective May 1, 2018, as well as further discussion of the Practical Applications of Real Estate Appraisal (PAREA) concept. 
The meeting will also be live streamed for those who are unable to attend in person. Read more
+ GIS/CAMA Presentation Proposals due Oct. 15 >
The Presentation Call for Proposal deadline for the 2019 GIS/CAMA Technology Conference is Oct. 15. The 2019 GIS/CAMA Technologies Conference for professionals in Property Assessment, Tax Administration, Mapping and Information Technology is scheduled for Feb. 25-28 in Portland, Oregon. Read more
+ Comment period extended to Oct. 1 on bylaws >
The comment period for the proposed revised bylaws has been extended to Oct. 1. A special Town Hall will take place at the IAAO Annual Conference on Monday, Sept. 24 to review the revised Bylaws which combines the current Constitution and Bylaws. Members may download the draft version of the document and submit comments on the proposed document via IAAO Connect or by email until Oct. 1. More information
+ Legal Seminar registration open >
Registration is open for the IAAO 39th Annual Legal Seminar in Chicago on Dec. 13-14, 2018, at the Intercontinental Chicago Magnificent Mile. This two-day seminar will cover recent developments in real property taxation, wind farm improvements and asset appraisal, challenges in the valuation of special purpose properties, litigation strategies for big box properties, and ethical conundrums for attorneys. Attorneys seeking CLE credit must submit those requests by Oct. 1. Read more
+ Library Trust Fund Campaign sets fund-raising goal >
The Friends of the Paul V. Corusy Memorial Library Matching Campaign has set a fund-raising goal of $10,000 this year. Peter Korpacz of Korpacz Realty will match $2,500 in donations and Mark Kenney of American Valuation Group, Inc. will match an additional $2,500. Attendees at the 2018 Annual IAAO Conference in Minneapolis can make a donation onsite or you may contact the library. The campaign’s current project is supporting the library’s new Research Exchange digital repository. Research Exchange
Orange County Property Appraiser appeals verdict in Disney World lawsuit >
The Orange County, Florida, Property Appraiser's office filed an appeal disputing a court's findings in a recent lawsuit pertaining to the market value of a Walt Disney World resort. Walt Disney World filed a lawsuit claiming that during the 2015 tax year, Orange County Property Appraiser Rick Singh's office assessed the value of The Yacht and Beach Club at the Walt Disney World Resort at $336.9 million, whereas Disney officials claimed the value was only $188.6 million. Read more
+ CoreLogic: Mortgage fraud risk spiked in the second quarter >
There was a significant increase in mortgage fraud risk at the end of the second quarter of 2018, according to CoreLogic’s latest Mortgage Application Fraud Risk Index. According to the Mortgage Fraud Report, there was a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter of 2018. The Mortgage Fraud Report analyzes the collective level of loan application fraud risk experienced in the mortgage industry each quarter. Read more
+ ifo Institute supports local property tax based
on surface area
The Munich-based research group ifo Institute has proposed calculating the property tax according to surface area. “This idea has clear advantages over value-based models. The main advantage would be tax simplification, assessment costs would be significantly lower,” said ifo President Clemens Fuest earlier this week in Berlin, commenting on a study conducted by the ifo Institute on behalf of the Associations Haus & Grund and the German Property Federation (ZIA). Read more
+ The death of big box stores could lead to a new kind of homeless housing >
The steep decline of big box stores like Kmart and JCPenney has made way for a host of new development. In recent years, a string of vacant malls and retail chains have been converted into everything from classrooms and office space to churches and trampoline parks. As merchants like Amazon continue to dominate online shopping, economists estimate that another 30,000 to 80,000 retail stores will close by 2025. Recently, developers have begun to view these spaces as a possible solution to a growing national housing crisis. Read more
+ Ketchikan, AK  >
Director of Assessment Ketchikan Gateway Borough  See More
Gloucester County, VA >
Assessor Gloucester County   See More
+ Soldotna, AK  >
Borough Assessor Kenai Peninsula Borough   See More
+ Washington, DC  >
Real Property Assessment Manager Government of the District of Columbia  See More
+ Kissimmee, FL  >
Commercial Appraiser Osceola County Property Appraiser   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.