Blog
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 […]
Mark Miller Honored for His Community Service!
September 5, 2019
Congratulations to DAAR member Mark Miller, Long & Foster, Ashburn, who was honored by the Board of Supervisors for his dedication to Loudoun County. Miller has volunteered for the last eight years with the Loudoun County’s Public Library Board of Trustees, serving as Chairman of that Board for the last six years. In addition to […]
Recession? Housing is Likely OK
September 5, 2019
Recession fears are growing, and that may prompt some Americans—who are still haunted by the last one—to get skittish about the housing market. Don’t expect another “real estate fire sale” if the economy heads into another recession, economists say. “This is going to be a much shorter recession than the last one,” George Ratiu, senior […]
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 […]