Blog
July 2021: Market Indicators Report
August 19, 2021
Click here for the full July 2021 Loudoun County Market Indicators Report for the Dulles Area Association of REALTORS® by Virginia REALTORS®. Key Market Trends Sales activity slowed down modestly in the Loudoun County housing market in July. There were 856 sales across the county in July, 7 fewer sales than a year ago, which […]
CDC Issues Eviction Ban Extension; Cites Rising Rates of COVID-19 Transmission
August 4, 2021
With the Delta variant ramping up in communities all over the country, the CDC’s new ban will cover about 90% of America’s population and will last through October 3, 2021. On Tuesday, August 3, 2021, the Centers for Disease Control and Prevention (CDC) extended the eviction moratorium for 80% of counties within the United States. These […]
Q2 2021: Market Indicators Report
August 2, 2021
Click here for the full Q2 2021 Loudoun County Market Indicators Report for the Dulles Area Association of REALTORS® by Virginia REALTORS®. Click here to download supporting graphics. Key Market Takeaways Economic Conditions In the second quarter of 2021, economic growth continued to expand both statewide and in the Dulles region. The unemployment rate is still […]
SentriLock® Lockbox Supply Update
July 30, 2021
SentriLock® has notified DAAR that there is a current shortage in SentriLock® lockboxes. There is an ongoing global supply disruption caused by the COVID-19 pandemic has impacted almost all businesses worldwide. This is causing a massive disruption in SentriLock® lockboxes supply chain. Every aspect of the supply chain is affected, resulting in materials, shipping, and […]
With CDC Ban Set to Expire, FHFA Extends Eviction Moratorium on Single-Family REOs
July 30, 2021
CDC’s eviction moratorium set to expire; President Biden calls on Congress to act; and FHFA extends its own moratorium. Here’s what you should know: On Thursday, July 29, 2021, the Biden Administration said it would not attempt to unilaterally extend the CDC’s national eviction moratorium and will leave it to expire on July 31, 2021. […]
FHFA Eliminates New Fee on Mortgage Refinances
July 29, 2021
The removal of the fee will help distressed owners refinance to more economically stable positions. On July 16, 2021, the Federal Housing Finance Agency announced it would remove the Adverse Market Refinance Fee (AMRF) from Fannie Mae and Freddie Mac home loans. Beginning on August 1, 2021, the fee elimination would make it less costly […]
Board Dedicates $12.4M to Expand Broadband Access in Loudoun
July 28, 2021
During public comment, some residents who called in to speak remotely were inaudible due to their connectivity issues. On Tuesday, July 20, 2021, the Loudoun County Board of Supervisors voted to allocate over $12.4 million to bring broadband to underserved communities Loudoun. This unanimous decision will boost expansion efforts to western parts of the county and, […]
Association Health Plans Bill Introduced in U.S. House
July 27, 2021
“Your AHP legislation will once again allow AHPs to offer comprehensive coverage at lower costs than traditional individual market plans” – NAR President Charlie Oppler. On July 20, 2021, H.R. 4547, the Association Health Plans Act of 2021, was introduced in the U.S. House of Representatives and was referred to the Committee on Labor and […]
U.S. Supreme Court Upholds Private Property Rights in Landmark Ruling
June 30, 2021
NAR deems the outcome a victory for the future defense of property rights. It may also have broader implications for similar government measures. On June 23, 2021, SCOTUS ruled that a California regulation allowing union organizers to enter farmland for the purpose of uniting workers was unconstitutional by a 6-3 vote. The case, brought by […]
Supreme Court Rules CDC Exceeded its Authority in Issuing Nationwide Eviction Ban
June 30, 2021
“With the pandemic waning and the economy improving, it is time to restore the housing sector to its healthy, former function.” — Charlie Oppler, NAR President. In a 5-4 ruling on Tuesday, June 29, 2021, the United States Supreme Court (SCOTUS) said the Centers for Disease Control and Prevention (CDC) lacked the authority to issue […]