Blog
Call to Action: Senate Vote on Tax Reform Expected this Week
November 25, 2017
NAR is OPPOSED to the “Tax Cuts and Jobs Act” tax reform plan released by the Senate Finance Committee. The Senate is expected to vote on the measure the week of November 27th. If you have not so already, please let your Member of Congress know, via NAR’s Call to Action, that not only will millions […]
House Passes Flood Insurance Extension; Vote Needed in the Senate before Deadline
November 24, 2017
As federal flood insurance nears expiration, the National Association of REALTORS® seeks fast work in the Senate. The House of Representatives passed legislation this month to reform and reauthorize the National Flood Insurance Program for five years. But because the bill—which is backed by the National Association of REALTORS®—still needs Senate approval, it’s unclear whether the long-sought […]
House Approves Tax Proposal that Places Tax Hike on Homeowners
November 16, 2017
Tax reform took a major step as the House of Representatives approved a measure to overhaul the American tax code and the Senate took steps toward approval by the end of the month. On Thursday, November 16th, the House passed a H.R. 1, “The Tax Cuts and Jobs Act” H.R. 1, the “Tax Cuts and […]
Loudoun County Wants to Know if You’re Renting Out Rooms
November 3, 2017
On October 19, 2017, the Board of Supervisors approved a work plan to create a registration process for homeowners who rent out rooms in Loudoun County. The plan has two phases: 1) registration and taxation; and 2) zoning and public safety. The county will research the issue and obtain feedback from the public between now […]
Don’t forget to Vote!
November 3, 2017
Election Day is Tuesday, November 7th! On the ballot will be candidates for Governor, Lieutenant Governor, Attorney General, and Members of the House of Delegates. Loudoun County also has two bond questions and the towns of Leesburg and Round Hill have special elections for a member of their town councils. Polls will be open from […]
DAAR Calls for Housing That is Affordable
October 27, 2017
On October 16, 2017, Loudoun County’s Board of Supervisors hosted a Housing Summit to discuss the issue of housing affordability in Loudoun County. Brenda Morton, DAAR’s Government Affairs Manager, spoke about the need for affordable and workforce housing. She also offered practical solutions that could help the county address this important issue. “Affordable and workforce […]
Tax Reform Framework: A Heavy Burden on Homeowners
October 27, 2017
NAR is a strong supporter of tax reform but the framework that the Republican leadership and the Administration have put forward is not the reform that works for middle-income homeowners, even though at first glance it seems like it would be, since it calls for a near doubling of the standard deduction. But what often […]
NAR Call for Action: Reform Our Tax Code AND Protect Middle Class Homeowners!
October 18, 2017
Take action and send the message to Congress: Don’t raise taxes on middle class homeowners! On, Wednesday, October 18, 2017, NAR launched a Call For Action to all REALTORS® to take action and send Congress a message. Please join the Call For Action with your fellow REALTORS® and sign up for the REALTOR® Party Mobile Alerts […]
We’re Ready. Are You?
October 6, 2017
Tax reform. Flood insurance reauthorization. Data privacy and security. GSE reform. The National Association of REALTORS® advocates and tracks hundreds of legislative and regulatory proposals every day impacting real estate. How can you help? As a REALTOR®, you can act when called upon to weigh in on issues of importance to our industry with your Member of Congress. […]
Tax Reform Proposal Places REALTORS on High Alert
October 6, 2017
The recently released framework for tax reform makes changes to the current tax code that would eliminate important provisions, such as the state and local tax deduction, while nearly doubling the standard deduction and eliminating personal and dependency exemptions. NAR believes the result would all but nullify the incentive to purchase a home for most, […]