NATIONAL
Remote Work Is Driving Housing Demand and Making Homes More Expensive
Business Insider
The widespread shift to remote work has not only changed how Americans get work done, but also where they choose to do it – and it's making the housing market more expensive.
The Rules for Hybrid Work Were Always Made Up
The New York Times
The conundrum facing executives nationwide these days is one familiar to anyone who has ever planned a birthday gathering: "It's really hard to get anybody to come to a party if everybody R.S.V.P.s maybe," said Zach Dunn, an expert on hybrid work and founder of the workplace management company…
A 36-year-old chess prodigy built a software to speedily buy homes from afar for big investors, beating out everyday buyers. Now he's Atlanta's top broker.
Business Insider
He's able to sell residential properties from thousands of miles away thanks to a $20,000 computer and a proprietary software system called "Steignet" that he launched at the University of Pennsylvania in 2018.
PENNSYLVANIA
Philadelphia screwed up property tax assessments. Start over.
Inquirer
After pausing property assessments for three years, the city last week rolled out its latest "new and improved" system that resulted in an average increase of a whopping 31%. While property values have clearly gone up, the new assessments are so fatally flawed the city needs to go back to the drawing board.
Allegheny County To Resubmit Sales Data For CLR Recalculation
Nat Law Review
Unless exempt, every property owner in Allegheny County is required to pay property taxes to the county, the local government and the school district in which the property is located. The amount of taxes owed is based on the assessed value of the property.
TENNESSEE
Tenn. Home Valuations Stand Despite Need For Repairs
Law360
Four properties in Tennessee were correctly valued by the local assessor despite the owners' claims that the valuations did not consider the properties' need for upgrades and repairs, an administrative law...
TEXAS
Most Tarrant County homes received higher appraisals
Fort Worth Star-Telegram
Last year was an unprecedented one for Tarrant County's housing market, and this spring's property tax appraisals reflect that. Thanks to high demand, low housing inventory and soaring costs of land and lumber, home prices surged — making it harder to find a new home or pay taxes on the one you already have.
Property Owners Confused By Multiple Appraisal Notices from Maverick County Appraisal District
Eagle Pass Business Journal
Maverick County property owners are in shock and dismayed over their receipt of multiple appraisal notices for 2022 on their real properties from the Maverick County Appraisal District, causing confusion and chaos among property owners.
Beto O'Rourke: Texas property taxes rose by $20 billion under Abbott
Houston Chronicle
Democratic gubernatorial candidate Beto O'Rourke is blaming Gov. Greg Abbott for high inflation in Texas, taking a page out of the GOP playbook in attacking President Joe Biden.
WASHINGTON
Property values in Seattle area reach 'unprecedented' level
The Center Square
King County Assessor John Wilson and his office have gathered information to come up with these statistics. The parts of Seattle that are seeing double digit spikes are in what Wilson calls the “silicon forest,” where big tech companies are driving the markets up.
WEST VIRGINIA
Voters asked to decide amendment on West Virginia's machinery, equipment and inventory tax
wvnews.com
When voters head to the polls in November for the general election, they will be asked to weigh in on four potential amendments to the West Virginia Constitution.
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