Blog
April 2018 Loudoun Market Stats: Inventory and Sales are Down; Condos and Townhomes see Record Median Sales Prices
May 14, 2018
Inventory and sales are down; Condos and townhomes see record median sales prices The following analysis of the Loudoun County, Virginia housing market has been prepared for the Dulles Area Association of REALTORS® by the Center for Regional Analysis at George Mason University based on analysis of MRIS multiple listing data from MarketStats by ShowingTime. Overview […]
Loudoun County Short-Term Rental Registration Process Begins in July
May 10, 2018
The Loudoun County Board of Supervisors recently adopted a new ordinance that requires some operators of short-term residential rentals to register with the county. Beginning July 1, 2018, property owners who rent their property for 30 days or less will be required to provide county officials with information about their rentals. Real estate licensees and […]
MRIS System Performance and Sold Listing Status Update
May 9, 2018
MRIS System Performance Update As many know, the MRIS system has experienced overall system slowness as well as specific significant incidents of slowness over the past few months. According to a recent MRIS Bright MLS update to Associations, several key issues have been identified and addressed. It is believed that changes made have improved the experience for MRIS subscribers on […]
NAR: More Health Insurance Options Needed for REALTORS
May 9, 2018
NAR recently submitted comments to the Department of Health and Human Services’ Notice of Proposed Rulemaking amending the definition of short-term, limited-duration insurance to extend the maximum period from less than three months to no longer than twelve months. In the comment, NAR advocated for more affordable health insurance options for consumers and specifically REALTORS® […]
Rural Rules: Land Use Assessment Program and Rollback Taxes
May 9, 2018
Did you know that there is a Land Use Assessment Program in Loudoun County that provides a deferral of real estate taxes when a property meets qualifying standards for agricultural, forestry, horticultural or open space uses? The program is administered by the Commissioner of the Revenue’s (COR) office located at the Loudoun County Government Center […]
Loudoun County Offers Homeownership Grants for Employees
April 26, 2018
If you are working with a buyer who is an employee of Loudoun County Government, they may be eligible for the Loudoun County’s Public Employee Homeownership Grant Program (PEG). The program offers a grant of a secured loan to employees of the County of Loudoun, Loudoun County Public Schools and Courts and Constitutional officers. Loudoun […]
Fair Housing and You – An Overview of the Fair Housing Act
April 23, 2018
The Fair Housing Act helps form the foundation of the real estate industry — the right to own property — and the Code of Ethics for REALTORS®. As stewards of the right to own, use and transfer private property, fair housing protects the livelihood and business of REALTORS®. Join with DAAR as we learn more […]
Dedicated Funding Plan for Metro Receives Final Approval in Virginia
April 19, 2018
Virginia will provide $154 million a year to support the Metro transit system. On April 18th, the Virginia General Assembly approved funding for Metro through a combination of existing sources, without an increase in the grantors’ tax (“congestion relief fee”). Throughout the process of approving Metro funding, members of the Dulles Area Association of REALTORS® […]
Fair Housing Makes U.S. Stronger
April 16, 2018
April 11, 2018 marked the 50th anniversary of the signing of the federal Fair Housing Act. This is a momentous occasion for the real estate industry. DAAR’s commemoration of the Fair Housing Act highlights how far we’ve come in promoting equal housing opportunity – both as a society and as an association – and, more […]
March 2018 Loudoun County Market Trends Report
April 13, 2018
Sales Rise Despite Persistent Low Inventory The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing Bright MLS housing data from MarketStats by ShowingTime. Overview For the 33rd consecutive month, Loudoun County’s […]