Blog

New FHA Condo Rule Expected to Yield Thousands of New Homeownership Opportunities

August 14, 2019

The U.S. Department of Housing and Urban Development is expected to release new Federal Housing Authority (FHA) condominium financing policies. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the rule will extend certifications from two years to three, […]

2018 DAAR Major Investors Included in the RPAC 50th Anniversary Artwork

July 24, 2019

To commemorate the 50th Anniversary of the REALTORS® Political Action Committee (RPAC), a 10-foot-high drawing of the National Association of REALTORS® Washington, D.C. building was commissioned. Not only is the drawing beautiful, it is drawn entirely with the names of nearly 10,000 RPAC Major Investors! If you look closely, you’ll find the names of the […]

June 2019 Loudoun County Market Trends Report: Housing Market Continues to Tighten

July 15, 2019

Overview Inventories of for-sale homes continue to decrease in Loudoun County. The number of active listings dropped 10.2 percent in June 2019 compared to one year earlier. Loudoun County residential listings have declined more than 50 percent since the peak in 2015. June closed sales decreased almost 10 percent from the previous year dropping to […]

Tips to Comply with the Do Not Call Registry

July 12, 2019

While telemarketing and cold calls can be an effective way to grow your business, REALTORS® should make sure that those calls don’t violate telemarketing laws. The Telephone Consumer Protection Act prohibits telemarketing calls to consumers who place their personal phone number on the national Do-Not-Call registry. The Virginia Telephone Privacy Protection Act also protects consumers […]

Loudoun County Short-Term Rental Registration Opens July 1, 2019: Real Estate Licensees Exempt

June 27, 2019

Many operators of short-term residential rental property in Loudoun County are required to register their rental property every year with the county. Real estate licensees and people represented by a real estate licensee are exempted from the registration process. A short-term residential rental is “the provision of a room or space that is suitable or […]

Virginia REALTORS® Select 2020 Leadership Team

June 27, 2019

At the Summer 2019 Board of Directors meeting, elections were held to determine two spots on the Virginia REALTORS® 2020 Leadership Team. Beth Dalton of the New River Valley Association of REALTORS® was elected President-Elect, and Denise Ramey of the Charlottesville Area Association of REALTORS® was elected Vice President. The two will serve alongside the […]

DAAR partners with NAR in Supporting AHP Efforts

June 20, 2019

The Dulles Area Association of REALTORS® supports the National Association of REALTORS® defense of the Department of Labor’s Association Health Plan rule. Earlier this year, a federal court ruled that provisions of the DOL’s rule were unlawful, a ruling that adversely impacts REALTORS® seeking more cost effective and comprehensive health insurance solutions through AHP options. […]

May 2019 Loudoun County Market Trends Report: Inventory Tightening Slows

June 14, 2019

Overview While inventory continues to hover near historically lows, the year-over-year decline in the number of active listings was notably smaller than in previous months. The number of active listings declined 5.7 percent from May 2018 to May 2019, the smallest year-over-year decline since July 2015, the same month that the current inventory tightening cycle […]

Join Us and Commemorate National Homeownership Month

June 13, 2019

  June is National Homeownership Month, a time to celebrate and promote the American Dream of owning a home. Homeownership changes lives and enhances futures, and many Americans see it as one of their greatest hopes. These individuals are counting on the nation’s 1.3 million REALTORS® to champion and protect homeownership and help make it more […]

75 Years of VA Home Loans: New Changes to the Process for Appraisal Requests

June 12, 2019

This month marks the 75th anniversary of the GI Bill, which provides financial resources to veterans who aspire to become homeowners and serves as an avenue bringing military business your way. The milestone comes at a symbolic time, as June is National Homeownership Month. Since becoming law in 1944, the GI Bill’s Department of Veterans Affairs (VA) Home Loan […]