Blog
NVAR Forms Update: July 1st, 2024
June 25, 2024
Note: Across all forms, any references to “Cooperating Broker” have been changed to “Buyer’s Broker” or “Tenant’s Broker.” Additionally, the legal boilerplate language has been updated throughout the forms to add important provisions regarding the conflict of laws and severability, which address litigation procedure. The changes are as follows: K1336 – Exclusive Right to Sell […]
May 2024: Market Indicators Report
June 21, 2024
Key Market Trends Loudoun County sales decreased slightly in May compared to last year. In May, there were 494 home sales in Loudoun County, a 3.1% decline from the year prior, which is 16 fewer sales. Sale numbers dipped in Ashburn zip code 20148 with nine fewer sales (-9.9%) and Leesburg zip code 20176 with […]
April 2024: Market Indicators Report
May 21, 2024
Key Market Trends Sales activity went up in Loudoun County this month. Sales totaled 454 during the month of April, 5.1% more than a year earlier, an additional 22 sales. The local markets with the most significant increases in sales activity were Leesburg zip code 20176 (+25.5%) and Ashburn zip code 20180 (+14.9%). Activity fell […]
March 2024: Market Indicators Report
April 23, 2024
Key Market Trends Sales activity continues to dip in the Loudoun County housing market. There were 369 sales in the county this month, seven fewer sales than last year, decreasing by 1.9%. The markets with the biggest drop in sales were Aldie zip code 20105, with 14 fewer sales (-32.6%), and Lovettsville zip code 20180, with […]
BOS Adopts FY 2023 Budget; Lowers Personal & Property Tax Rates
April 6, 2022
The newly adopted budget goes into effect July 1, 2022. The real property tax rate of $0.89 has been effective as of January 1, 2022, and the new personal property tax rate of $4.15 (down from this year’s $4.20) will go into effect on January 1, 2023. Loudoun County’s Board of Supervisors (BOS) adopted a […]
DAAR Joins NVTA and Others in Opposition to Gas Tax Suspension
March 28, 2022
The gas tax accounts for one-third of the Commonwealth’s transportation funding, and there’s no guarantee that savings will be passed on to residents or REALTORS®. On Wednesday, March 23, 2022, the Dulles Area Association of REALTORS® (DAAR) signed a letter with other community organizations and REALTOR® associations opposing the Motor Vehicle Fuels tax (gas tax) […]
DAAR Celebrates Fair Housing Month 2022: Upcoming Events in Loudoun County
March 25, 2022
Take a sneak peek at some of the upcoming Fair Housing Month events in the community! Next week marks the beginning of April, which means Fair Housing Month is almost officially here! While DAAR champions fair housing efforts every month, this time of year is always significant as we have the opportunity to highlight upcoming […]
Loudoun Receives $10 Million from Virginia Housing’s Amazon REACH Program
January 11, 2022
The funding, dedicated to affordable housing in Loudoun, comes amid rising concerns about Amazon HQ2’s potential impact on home prices in Northern Virginia. On Monday, January 10, 2022, Loudoun County announced its receipt of state grants in the amount of $10 million for affordable (attainable) multifamily housing. These funds are in addition to the $3.75 […]
BOS Boosts Incentives for Conservation Easements Assistance Program (CEAP)
January 5, 2022
The annual funding for CEAP is $150,000 and will be available to qualifying landowners on rolling basis. On January 4th, 2022, the Loudoun County Government announced the Board of Supervisors (BOS) has approved changes to the Conservation Easements Assistance Program (CEAP) which will expand the number of qualified landowners who may receive financial support. According to […]
DAAR Installs 2022 President Rich Blessing, New Board of Directors
December 17, 2021
Watch Rich Blessing’s Installation Speech ASHBURN, Va. – The Dulles Area Association of REALTORS® (DAAR) installed its 2022 president and Board of Directors on Thursday, Dec. 9, during its annual Holiday Party and Installation event. Rich Blessing was installed as the 2022 president of the Dulles Area Association of REALTORS®. Blessing will serve as the […]