Blog
Kaine and Warner Announce $4 Million from HUD for Affordable Housing Expansion
September 24, 2021
“These federal dollars will help Virginians access safe and affordable housing as our Commonwealth continues to build back better… We are glad to see this funding go toward helping Virginians in need.” On Tuesday, September 21, 2021, U.S. Senators Tim Kaine and Mark Warner of Virginia announced $4,098,261.60 in federal funding from the U.S. Department […]
DAAR Spotlight: 2021 RPAC Major Investors
September 20, 2021
DAAR wholeheartedly appreciates every single one of our RPAC contributors. Today, there’s one group of investors we’d like to shine a special light upon: DAAR’s RPAC Major Investors have contributed a minimum of $1,000 each (the Sterling “R” level) in 2021, and we are honored to recognize them for their extraordinary commitment to REALTOR® advocacy […]
NAR Expresses Concern Over Proposed Limitations on Real Estate Investment
September 17, 2021
The limitations could negatively impact the health and growth of the commercial real estate market. On Tuesday, September 7, 2021, the National Association of REALTORS® (NAR) raised concerns in a letter issued to Congressional leadership of the tax writing committees regarding the proposed limits to tax benefits for real estate investment. At a time when the […]
U.S. Supreme Court Ends Latest CDC Eviction Moratorium
August 27, 2021
The following update comes directly from the National Association of REALTORS® (NAR) regarding the SCOTUS decision to end the most recent eviction moratorium: The U.S. Supreme Court ended the Centers for Disease Control and Prevention (CDC’s) eviction moratorium Thursday night [August 26, 2021], giving much-needed relief to America’s small housing providers facing financial hardship for more […]
Act Now: Defend 1031 Like-Kind Exchanges
June 15, 2021
Help defend 1031 through NAR’s new 1031 Like-Kind Exchange Member Stories Portal, where members can share how they’ve used 1031 to bring economic investment to their community. Background: The Biden administration has proposed eliminating Section 1031 like-kind exchanges (1031s) under the American Families Plan, arguing that the tax policy only benefits the wealthiest of Americans. […]
Do Your Clients Understand Their Mortgage Disclosure Documents?
November 22, 2019
You can help improve how this critical information is presented to homebuyers by giving the National Association of Realtors® your feedback! The Consumer Financial Protection Bureau (CFPB) is reviewing the mortgage disclosure rule, known as the TRID rule. This rule drastically changed the mortgage disclosure process to improve transparency for consumers (i.e. creation of the […]
Flood Insurance Extended Through December 20th
November 22, 2019
Yesterday, November 21, 2019, Congress extended the National Flood Insurance Program (NFIP) through Dec. 20, avoiding a lapse in the program. The President signed the bill into law. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next […]
FHA: No Conflict of Interest for Brokers Receiving Commissions on HUD REO Homes
November 18, 2019
The National Association of REALTORS® says the FHA’s response to its recent advocacy efforts is a big win for members who have an ownership interest in HUD real estate-owned homes. Adopting NAR’s interpretation, the FHA has revisited its policy and will now permit brokers to receive commissions on sales of HUD REO homes in which […]
Everyone Counts! Take Part in the 2020 Census
October 30, 2019
Every ten years, the United States Census Bureau conducts a count of everyone in our nation. The next census will begin in the spring of 2020. It is important that Loudoun County receives an accurate count of our residents because so many things that matter to this area are determined by the census. The people […]
Window to the Law: Flood Insurance & Disclosures: What You Need to Know Now
October 10, 2019
Flood-related disclosures can generate a deluge of legal and ethical questions. What needs to be disclosed? How should you advise your sellers? What should you tell buyers about flood risk and flood insurance? Check out the latest Window to the Law video from NAR Associate Counsel Deanne Rymarowicz who answers these questions and more. Click […]