Blog

2021 Monthly Reports

January 13, 2020

Below you’ll find monthly market report posts from 2021.  In each post, you’ll find the downloadable report. (Reports are published at the end of the following month.) Virginia REALTORS® VR Housing Report January VR Housing Report February VR Housing Report March VR Housing Report April VR Housing Report May VR Housing Report June VR Housing […]

Get Ready to Increase Your Listings and Grow Your Business

December 11, 2019

Join DAAR on March 12-13, 2020 for a two day SRS designation course!   This is a two day class where you can earn a designation that is awarded to real estate practitioners by the Real Estate Business Institute (REBI) who meet specific educational and practical experience criteria. The SRS Designation Course will redefine your […]

Dulles Area Association of REALTORS® 2020 Officers and Directors Installed

December 6, 2019

Barry Taylor, Weichert, REALTORS® in Ashburn, VA, was installed as the 2020 President of the Dulles Area Association of REALTORS® (DAAR) at the annual Holiday Party and Board Installation. The event took place on December 5, 2019 and included the installation of the nineteen local area REALTORS® and two Affiliate members who will serve as […]

Loan Limits Increase in 2020 for the Washington Metro Area

December 2, 2019

On November 26, 2019, the Federal Housing Finance Agency (FHFA) published the 2020 conforming loan limits for Freddie Mac and Fannie Mae. The baseline (national) limit will increase to $510,400 from $484,350 in 2019. In high cost areas, including the Washington Metro area, the limit will go up to $765,600 (from $726,525). The loan limits […]

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 […]

October 2019 Loudoun County Market Trends Report: October Median Sales Price Increases for Ninth Consecutive Year

November 15, 2019

  Overview Loudoun County’s year over year median sales prices increased for a ninth year in a row, up 2.1% since last October. The end-month median sales price of $495,000 reflects a new 10-year record high for the month of October. Closed sales set a 10-year record high in Loudoun County at 538 in the […]

DAAR Members Appointed to National and State Association Posts

November 11, 2019

Congratulations to the following DAAR REALTOR® members and staff appointed to various committees and leadership positions within the National Association of REALTORS® and Virginia REALTORS® for 2020!  Your service is very much appreciated. National Association of REALTORS® Brad Boland, Keller Williams Dulles, Board of Directors, Business Issues Policy Committee and RPAC Major Investor Council Beckwith […]

NVAR Standard Forms Changes Effective December 1, 2019; Attend Class on 1/06

October 31, 2019

You’re invited to learn about updates to NVAR Standard Forms, effective December 1st, 2019, on Monday, January 6, 2020, 10AM-12PM, DAAR, Ashburn.   Changes to the forms are earlier due to the Bright Off MLS policy and POA statute related changes.  Featured speaker Keith Barrett, Esq, Vesta Settlements, will review and answer key questions regarding the […]

5 Things to Know About the Bright Off-MLS Policy

October 30, 2019

In order to help answer questions on the new Off-MLS policy, Bright MLS put together  additional resources including an infographic and video with their Vice President of Customer Support and Training, Mike DelGaudio. 5 things to know about the Bright Off-MLS Policy 1. All listings must be entered within one business day of public advertising. You […]