Monday, March 23, 2020

TKC EXCLUSIVE!!! INSIDER DEMANDS JACKSON COUNTY PROPERTY TAX REASSESSMENT DOWNGRADE AMID CORONAVIRUS PANDEMIC IMPACT!!!



The outbreak of COVID-19 has thwarted the 2020 Kansas City real estate selling season.

Economic turmoil sending markets into a tailspin is unattractive for potential buyers and for the next few weeks the local real estate biz will mostly shut down along with all other non-essential biz.

Here's an overview of the national real estate scene that also applies locally:

CNN: "Restrictions to movement, a plunging financial market and uncertainty about future income, all because of the coronavirus pandemic, have upended plans to buy and sell homes overnight. Real estate activity has slowed considerably as buyers, sellers and agents try to figure out the path forward."

Forbes: How Coronavirus Is Impacting Luxury Real Estate

Fox Biz: Will coronavirus crisis send US real estate market plunging?

To be fair, trying to predict any market is a sucker's game but it's not out of line to notice that professionals in this industry have become extremely cautious.

Moreover . . .

INSIDERS STILL DECRY LAST YEAR'S JACKSON COUNTY REASSESSMENTS AND LOOK FOR CORONAVIRUS ADJUSTMENTS!!!

A quick note:

"Coming 2020-2021 A historic Jackson County reassessment decline. The county tried to overvalue homes and businesses in 2019. It's time to reduce the values."

We reached out to other insiders in this debate and they claim that the change to the local markets amid the coronavirus outbreak should be factored into THOUSANDS of current assessments still under appeal.

Developing . . .

29 comments:

Anonymous said...

That might be one factor out of many but let's not forget that in many instances Jackson County didn't follow the Missouri rules which mandate a physical inspection when taxes are raised more than 15%.

Anonymous said...

^^^ +100

Logan said...

I wouldn't say the selling season if absolutely over. There might be a lot of people moving out of KC and all of those luxury condos when they see how hard it is to live in those places when times get tough.

Anonymous said...

It was always a house of cards. I guess luxury condo owners will stand in line for a bailout as well.

Anonymous said...

Here's what I say to those who have bought overpriced homes and condos;

You ain't entitled to shit.


When the shit hits the fan ain't nobody going to be impressed with your luxury expenditure. And here's another news flash, most people weren't even before the shit hit the fan. All you yokels who have been living beyond your means are about to learn a huge ass lesson.

Anonymous said...

Everyone likes paying less taxes while demanding more and more from their city, State and local governments. Whine and Cheese. Usually from those that pay the less taxes to begin with.

Aunt Jemima Beatty said...

There you go again trying to tug on our heart strings. Guess what, it ain't gunna work.

Anonymous said...

The only cure for the mess in Jackson County is a recall of Frank White.

Anonymous said...

9:41 - What are the City and County services you speak of?

Pot-holed laced roads ?
Non-existent law enforcement ?
Broken sewer lines ?
Astronomical water bills ?

We are paying to fund City and County bureaucrat salaries,their grossly underfunded pension plans, consultant friends, and developers.

Cut the city and county staff in half and out-source the road maintenance based on competitive bidding.

Anonymous said...

If they don't raise taxes how will Frank's GILFY secretary be able to afford her fancy clothes?

Anonymous said...

^^^Ugh huh. Nobody’s talking about this now geezer. Try to stay current.

Anonymous said...

She harasses co-workers who take sick leave so who cares if she cannot afford her dated look?

Anonymous said...

10:17 "Non-existent law enforcement?"

Put your worthless ass in a patrol car and tell them that you moronic jerk.

Anonymous said...

^^^ it’s true, wait four hours for nothing like 90% of kc does and it’s easy to figure it out

Anonymous said...

What would fix the popo is getting rid of the wheel, they work five days then off two days, then work four days and off three, then work three days and off four, it works real good for them, not so much for the citizens.

Anonymous said...

are you talking about Theresa Galvin 3/23/20, 11:18 AM?

Anonymous said...


1236
How much of a moron are you?

Anonymous said...

Law Enforcement officers do a great job and are brave but there is not enough of them. Walking to and from work in downtown KC is an adventure with the hobo's walking up wanting a handout, mentally disturbed people yelling, men hanging around whistling and saying crude comments to female workers.

Used to see cops patrolling the streets all the time. Not so much any more. Not the individual cops fault its the City's fault for giving money away to developers and consultants plus layers of administrators sitting behind a desk.

Media and Obama made it difficult for the police to do their jobs. Cops don't taser or give you a beat down unless you ask for it no matter what your ethnicity is. Best advice was do what they tell you and you should be o.k. as long as you are not committing a crime.

Anonymous said...

Frankie boy hasn’t budged with the looming inevitably of the seniors and the poor losing their houses so why would this tone deaf moron cut anybody some slack now? Most incompetent dumb fuck on the planet.

Anonymous said...

Speaking of which, the whole world is granting people at least a couple months to miss payments on everything but this retard wants his money now. #tonedeaf

Anonymous said...

500 corona virus deaths nationwide. 300 of the 500 are in New York, California and Washington. Other 47 states has a grand total of 200 deaths or 4 corona virus deaths per state.

Starting to look like the left-wing media created panic and hysteria in another Presidential coup attempt. Democrat Party like Pelosi and Schummer are throwing gas on the fire. Unfortunately, 30 million Americans will be unemployed due to the shutdown of the economy.

New York is so Democrat Party controlled, I wouldn't be surprised if New York doesn't over-inflate its corona virus deaths when elderly people passed away of a pre-existing respiratory illness.

Anonymous said...

Keep squealing "Coup Attempt", maybe somebody will listen and forget all about how seriously Trump dropped the ball on this first real challenge of his term.

The greatest ally the "anti=Trumpers" have is named Donald John Trump!

Anonymous said...

Reassessments are supposed to occur every odd-numbered year. Since the most recent one was done in 2019, the next one is scheduled for 2021. Unfortunately, reassessments had not been done for quite a while, most of which was in upmarket conditions. It is no wonder that the 2019 assessments were way higher than the previous valuations. Economic conditions have changed. It is possible if not likely that home market values will crater this year, and may not recover next year. That should be reflected in lower assessments in 2021, IF the county is doing it in good faith.

Anonymous said...

Gawd damn, there is NO EPIDEMIC. Its a acute respiratory virus. Why do swamp things continually shit on chloroquine aka hydroxychloroquine aka synthetic quinine. Yes Millie, it sounds very conspiratorial, but its clear the NWO/gov is interested in destroying the middle class. The biggest question: has the majority of the populace descended into idiocracy too far to recover?

Yep, no one reads links, and clearly even Trumps own fvking team don't either, even with the published data right in front of their faces.
https://virologyj.biomedcentral.com/articles/10.1186/1743-422X-2-69

Anonymous said...

^^^OK boomer. Bye bye. Pro tip: Don’t post links. Nobody reads them.

Anonymous said...

Johnson County took lesson from Gayle and raised all Appraisals and assessments by over 5%. One home on my block saw a 41.7% increase from $275K to $390K. Unreal!

Anonymous said...

You're such a dumbass millie, I'm not going anywhere and guarantee I'm in better health than you. FWIW, I'm at the very start of that imbecilic millennial gen too.

Anonymous said...

Time to lower the property tax. Eliminate the combat tax.

Anonymous said...

Oh Chimpy. You're only a pro at sucking bananas!