[OC] USA Counties, change in median listing price for residential real estate on MLS (Multiple Listing System), February 2022 to February 2023
Submitted by michigician t3_11jj4ff in dataisbeautiful
Reply to comment by [deleted] in [OC] USA Counties, change in median listing price for residential real estate on MLS (Multiple Listing System), February 2022 to February 2023 by michigician
Why would that be bad out of curiosity?
It would be bad because the housing list prices in the red colored counties have increased 50% or more, and plenty of people (property owners) assume, incorrectly, that county-wide/taxing-district-wide increases in property value increase property tax collected. More people than should also assume that county appraisers are somehow monetarily rewarded for increases in value. They get very argumentative and angry about it while not understanding the system at all.
It means extra work explaining and defending valuations, while still accomplishing your main tasks of inspecting properties, running sales analysis, and adjusting values, etc.
And, bonus! That extra work? Mostly involves interacting with really angry people who sometimes, though it's a technically a felony, suggest things like: "I got a .45, a shovel, and 40 acres. . ."
I should say that technically list prices don't mean anything to county appraisers, it's the actual sales prices that do. But as a county appraiser, I would have certainly been clenching my butt cheeks in anticipation of what was to come.
edits: Grammar, precision, and decorum.
They’re just doing their jobs appraisers I’ve seen we’re quite nice and one even contacted my dad who is a beekeeper about tax breaks or reductions for being a beekeeper because of the benefit of bees
They’re just doing their jobs appraisers I’ve seen we’re quite nice and one even contacted my dad who is a beekeeper about tax breaks or reductions for being a beekeeper because of the benefit of bees
Appreciate the reply - makes sense for sure
Red counties are where the average price of residential real estate has gone up more than 50%. This means property tax will go up. This can be a problem for residents in the residential property...
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