Blog
Here’s Your Chance to Weigh in on the Loudoun County Fiscal Year 2020 Budget
February 15, 2019
County Administrator Tim Hemstreet presented a Fiscal Year 2020 (FY 2020) proposed budget for Loudoun County to the Board of Supervisors on February 13, 2019. The budget totals $3.2 billion in appropriations for the county government and Loudoun County Public Schools (LCPS). FY 2020 begins July 1, 2019. The proposed budget is based on the […]
FEMA Revises Loudoun County Flood Insurance Rate Map
February 8, 2019
The Federal Emergency Management Agency (FEMA), which is responsible for floodplain mapping and regulation throughout the United States, is revising the Loudoun County Flood Insurance Rate Map (FIRM). The revision will result in changes to the boundary and designation of the FEMA-delineated flood hazard areas within the Selma Estates development. To learn more about this […]
Virginia REALTORS® Chief Economist Helps You Prepare Clients for Changes in the Federal Tax Rate
February 1, 2019
Many clients aren’t going to be aware of what Federal tax rate hikes might do to their buying and selling experiences. Virginia REALTORS® Chief Economist, Lisa Sturtevant, explains how these rate changes can impact the housing market and why these shifts might be a shock to clients. The Potential Impact of the Fed’s Actions on Interest […]
Treasury, IRS Give Big Win to Real Estate Professionals in Qualified Business Income Rule; Safe Harbor for Rental Income
January 25, 2019
WASHINGTON (January 22, 2019) – Late last week, the Treasury Department and the Internal Revenue Service issued final regulations regarding the new 20 percent deduction on qualified business income. As Americans begin preparations for the 2018 tax filing season, real estate professionals have been uncertain about the true impact of the 2017 Tax Cuts and […]
It’s Time to Share Your Ideas on How to Fix Legislative or Regulatory Issues
January 11, 2019
Are you concerned about an issue that impacts the real estate industry? Do you know of a legislative or regulatory way to help address the issue? Now is the time to let us know! DAAR is developing the 2020 Legislative Positions and we’d like to hear from you! The legislative positions address local, state, and […]
NVAR and DAAR: Working on Your Behalf
January 4, 2019
Learn more about how NVAR and DAAR are working together on a variety of programs, projects and events to benefit you, our respective members, throughout the entire region.
Gift Card Donation and Cell Phone Recycling for Loudoun Abused Women’s Shelter (LAWS)
November 18, 2018
REALTORS® and Affiliates give their time, talents and resources to the causes that matter most to them. This year the DAAR Community Service Committee is supporting LAWS. LAWS has provided emergency shelter, counseling, advocacy, support groups, legal services and support to victims of domestic and sexual violence completely free of charge for over 30 years. […]
October 2018 Loudoun County Market Trends Report: Prices Remain High as Inventory Continues to Tighten
November 15, 2018
Overview October active listings continued to decline. October listings declined 16.7 percent from 1,312 in 2017 to 1,093 in 2018. October active listings in 2018 are less than half their 2014 peak of 2,209. Declines in active listings are widespread with active listings increasing in only one of the eight zip codes with more than […]
DAAR Staff Appointed to the Loudoun County Economic Development Advisory Commission
November 15, 2018
DAAR Government Affairs and Communications Manager, Brenda Morton, was appointed to serve on the 2019 Economic Development Advisory Commission (EDAC). EDAC helps promote the long-term economic growth and development of Loudoun County by providing valuable business intelligence to the Board of Supervisors and the Department of Economic Development. She joins with other DAAR members and […]
September 2018 Loudoun County Market Trends Report: Inventory continues to tighten as prices increase and closed sales decline
October 16, 2018
Overview Continuing the recent trend, inventory in Loudoun County tightens further. There were 1,240 active listings in September, the fewest September listings in over a decade. Monthly active listings have continued their decline from the same month the year prior since July 2015. Likely a signal that inventory will tighten even further, new listings declined 24.7 […]