Blog
December 2017 Loudoun County Market Trends Report: Inventory Reaches Record Low as the Decline in Home Sales Persists
January 15, 2018
The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing Bright MLS housing data from MarketStats by ShowingTime. Overview For the 30th consecutive month, active listings declined and reached the lowest recorded […]
NVAR Standard Forms Changes: Effective January 1, 2018
January 3, 2018
The following NVAR forms changes are effective as of January 1st, 2018: 1. K1338 Exclusive Right to Represent Buyer Agreement a. Paragraph 4, Term and Termination: This paragraph was modified to clarify the Buyer’s responsibility for payment of the Termination Fee. This means that any Termination Fee paid by the Buyer to the Broker is in […]
In Memoriam: David Olson
January 1, 2018
We extend our heartfelt sympathies to the family and friends of Dave Olson of Ashburn, who passed away last week. Dave was a REALTOR® with Long and Foster, Ashburn and committee volunteer with DAAR. A viewing will be held on Friday, January 5th, 3-8PM at Loudoun Funeral Chapel, 158 Catoctin Cr. SE, Leesburg, VA 20175 and […]
President Signs the Tax Reform Bill
December 27, 2017
The President signed into law the “Tax Cuts and Jobs Act” on December 22, 2017. All individual provisions of the measure are generally effective after December 31, 2017 for the 2018 tax filing year and expire on December 31, 2025 unless otherwise noted. The provisions do not affect tax filings for 2017 unless noted. To read […]
In Memoriam: John Richard Kirk
December 22, 2017
We extend our heartfelt sympathies to the family and friends of John Richard Kirk of Berkshire Hathawy HomeServices of Leesburg, who passed away this week. He was a lifelong resident of Middleburg and a dedicated and beloved member of the town’s community. Richard started his career in the Loudoun County Circuit Court Clerk’s office in […]
Tax Reform Bill: Vote on Final Passage Expected This Week
December 18, 2017
The 1,000+ page Conference Committee Report on the Tax Reform Bill is expected to be voted on this week in the U.S. Senate and House of Representatives. NAR believes that many improvements were made from the prior bills and remains concerned that it will present problems for homeowners and the broader housing market. Read more […]
National Flood Insurance Program Extension Moves Forward
December 10, 2017
On December 8, 2017, the National Flood Insurance Program (NFIP) was extended as part of a continuing resolution to keep the government open for two weeks. NAR will continue working with Congress to ensure that the NFIP does not lapse while the Senate works on its version of the 5-year reauthorization and reform measure. Read […]
Get the Most out of Membership – Join a DAAR Committee Today!
December 9, 2017
One of the many benefits of membership is the opportunity to join a DAAR committee of interest. Serving as a committee member will not only help guide the services and resources the Association provides to members but can benefit your business and work as a real estate professional. The networking opportunities are invaluable, the insight […]
2018 DAAR Officers and Directors Installed
December 8, 2017
The Dulles Area Association of REALTORS® (DAAR) installed its 2018 leadership team at the annual Holiday Party and Board Installation on December 7, 2017. Led by 2018 DAAR President, Holly Weatherwax of Momentum Realty, DAAR’s Board of Directors for the upcoming year include nineteen local area REALTORS® and two Affiliate members. “It is important to […]
Call for Action – NAR Opposes the Final Tax Reform Bill
December 5, 2017
A new Call for Action launched on Monday, December 4. Join with NAR in opposing the Conference Committee Report when it comes up for a vote in both the House and Senate! Tell your members of Congress that incentives for homeownership and the capital gains tax exclusion on the sale of a home MUST be protected. […]