NAR Update: Tax Reform and RESPA Fines

February 24, 2017

A tax reform plan by the House Ways & Means Committee would eliminate the property tax deduction, double the standard deduction, and lower tax rates. Also being considered is repeal of 1031 tax-deferred exchanges. REALTORS® expressed concerns over the changes at a meeting two weeks ago with leaders of the Ways & Means Committee. The […]

January 2017 Loudoun County Market Trends Report: Loudoun Active Home Inventory at a 12 Year Low

February 21, 2017

The following analysis of the Loudoun County, Virginia housing market has been prepared by the Center for Regional Analysis at George Mason University for the Dulles Area Association of REALTORS® based on analysis of MRIS multiple listing data from MarketStats by ShowingTime.  Overview There were 972 homes for sale at the end of the month, which […]

NAR,® Identify Growing Rift Between Housing Availability and Affordability

February 20, 2017

Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors® and®, a leading online real estate destination, operated by operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., suggests homebuyers at many income levels could see […]

NAR Health Insurance Program now offers Medicare Options

February 16, 2017

All REALTORS® now have access to the National Association of REALTORS® private Members Medicare Exchange. This program is specifically tailored to individual REALTORS® who are Medicare-eligible. REALTORS® may use the Members Medicare Exchange to quote, shop and enroll in a variety of Medicare insurance options, including Part C (Medicare Advantage) or Medicare Supplement Insurance (Medigap), […]

DAAR to Participate in NOVA Housing Expo

February 13, 2017

To help support affordable housing opportunities in the region, DAAR will sponsor and participate in the Northern Virginia Housing Expo on Saturday, March 18th from 10AM-3PM at Loudoun County’s Dominion High School, 21326 Augusta Drive, Sterling, VA. DAAR’s participation was made possible by a National Association of REALTORS® Housing Opportunity grant designed to help support […]

Obstacles Hinder Aspiring Home Buyers

February 10, 2017

Affordability pressures, student debt and possible confusion about down payment requirements have kept many aspiring homeowners from reaching the market, according to NAR’s Aspiring Home Buyers Profile, which analyzes data from the association’s Housing Opportunities and Market Experience (HOME) survey. “Nearly all non-homeowners said they want to own a home in the future, but it’s […]

NAR Asks HUD to Bring FHA Mortgage Insurance Premium Cut Back

February 10, 2017

On Jan. 30, 2017, NAR sent a letter to Department of Housing and Urban Development Secretary Designee Ben Carson asking the Federal Housing Administration (FHA) to reinstate the 25 basis point reduction of the annual mortgage insurance premiums that would have applied to mortgages with a closing or disbursement date of Jan. 27, 2017 and […]

DAAR’s Leadership at Work in Richmond

February 10, 2017

Members of DAAR’s Leadership descended on the Virginia General Assembly in Richmond during the 2017 Virginia REALTORS® Legislative Advocacy Conference in early February.   Eleven members from the DAAR Board of Directors and Government Affairs Committee represented your interests by advocating key issues for the real estate community before Loudoun’s lawmakers as part of the Conference’s REALTOR Day on the Hill. […]

In Memoriam: Claire Larson

January 30, 2017

We extend our heartfelt sympathies to the family and friends of Claire Larson, former Chairman of the Board for DAAR in 1995, who passed away last month. She was 88. Born in Berlin NH, she was the daughter of Carl Elmer and Marie Devost Christiansen. After graduating from Boston University, Claire was employed by the […]

Barbara Ramey Recognized by NAR for 40 Years of Service to the Industry

January 27, 2017

The Dulles Area Association of REALTORS® (DAAR) is pleased to announce that one their members has been recognized by the National Association of REALTORS® (NAR) for their long-time commitment and service to the real estate industry. Barbara Ramey, Associate Broker, Keller Williams-Loudoun Gateway, Ashburn, was approved for REALTOR® Emeritus status by NAR during their Board […]