Watch the FHA Condo Rule Facebook Live: 9/26

September 20, 2019

The U.S. Department of Housing and Urban Development is expected to release new Federal Housing Authority (FHA) condominium financing policies on October 15, 2019. 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. Join the NAR FHA Condo Rule Facebook […]

August 2019 Loudoun County Market Trends Report: Average Sales Price to Original List Price Ratio Hits a 10-Year High

September 19, 2019

Overview • The inventory of homes listed for-sale in Loudoun County during the month of August were at a same-month ten-year low of only 993 homes. Active listings decreased 19.5% from last August; moreover, residential listings have steadily fallen by 56.7% since a peak of 2,294 available homes in 2014. • August 2019 (closed) sales […]

You Don’t Have to Worry About Misplacing your RE License Pocket Card Again

September 11, 2019

Earlier this month, you should have received an invitation to go digital! That’s because your RE license, as well as other individual licenses and certificates issued by DPOR, are now available in digital format. DPOR has partnered with online credentialing service Merit to offer your digital DPOR license to you for free. This service is […]

GSE Reform Proposal Unveiled

September 11, 2019

On September 5, 2019, the White House released a proposal to reform the nation’s housing finance system and privatize Fannie Mae and Freddie Mac. The recommendations, if implemented, will impact operations of the Government Sponsored Enterprises (GSE) and the Department of Housing and Urban Development (HUD). While the plan involves potential administrative, regulatory, and legislative […]

5 Common Real Estate Safety Myths by Tracey Hawkins

September 10, 2019

5 Common Real Estate Safety Myths Most professionals believe these ideas will improve their personal security in the field. Sometimes, they’re wrong. by Tracey Hawkins Real estate brokers and agents have hyped certain safety protocols in an effort to beef up personal security in the field, but some of the ideas that have become popular in […]

NAR Report: Moving with Kids Impact on Buyer and Seller Preferences

August 22, 2019

The act of moving into a new home or selling a home can be a hectic period for both home buyers and sellers. So it is not surprising to learn that changing residences with children in tow adds another level of chaos to the process. That is according to a new report from the National […]

Are you Ready to Achieve Excellence? Start Your Journey and Earn Recognition

August 21, 2019

The National Association of REALTORS recently rolled out a Commitment to Excellence (C2EX) program designed to empower REALTORS® via a self-assessment tool that measures proficiency in elements of professionalism, known as the C2EX Competencies. Based on the results, the platform generates customized learning paths, recommends experiences, and provides tools and resources to increase knowledge and […]

July 2019 Loudoun County Market Trends Report: Prices Up, Unit Sales Increasing, Markets Continue to Tighten

August 19, 2019

Overview The median price of homes sold in Loudoun County in July 2019 increased 8.5% compared to July 2018. Month over year price gains were stronger for attached dwellings with a 7.0 percent gain than detached homes at 3.4% increase in median prices compared to July 2018. Active listings continue to decline both month over […]

Slate of Directors for 2020 and Consideration of Bylaw Changes Announced

August 19, 2019

Slate of Directors for 2020 and Consideration of Bylaw Changes Announced TO:   All DAAR Members FROM: Barry Allbright, 2020 Nomination Committee Chair Phyllis Stakem, 2019 DAAR President RE: Slate of Officer’s & Directors for 2020 and Bylaw Changes This memo serves as official notice to the DAAR membership of the Slate of Directors for election […]

NAR Moves to Dismiss Antitrust Lawsuits; Shows Lawsuits Are Self-Contradictory, Ignore Precedent and Lack Economic Sense

August 16, 2019

The National Association of REALTORS® (NAR) moved last week to dismiss the Moehrl v. NAR lawsuit and the copycat Sitzer v. NAR lawsuit because both amended complaints fail to show how NAR rules for the operation of Multiple Listing Services (MLSs) inhibit competition or cause the plaintiffs any harm. Moreover, the complaints misrepresent rules which […]