Blog

Loudoun’s BOS Adopts Unmet Housing Needs Strategic Plan

October 1, 2021

The following information comes from the Loudoun County Government website and can be accessed here. Loudoun’s Board of Supervisors has officially adopted the Unmet Housing Needs Strategic Plan (UHNSP).  The plan is a key step in the implementation of the Loudoun County 2019 Comprehensive Plan and is designed to assist the county in improving housing […]

U.S. Senators Introduce Bill to Assist First-Generation Homebuyers

September 27, 2021

“LIFT is among the most effective ways policymakers have to address the nation’s pernicious problem of large and widening economic disparities,” – Mark Zandi, Chief Economist, Moody’s Analytics. On Wednesday, September 22, 2021, a group of U.S. senators introduced the Low-Income First Time Homebuyers (LIFT) Act to help first time and first-generation homebuyers build wealth […]

2021 Gubernatorial Policy Tracker: McAuliffe vs Youngkin

September 1, 2021

The Commonwealth’s democratic and republican nominees for Governor offer voters a glimpse into their policy platforms. This page will be updated throughout the 2021 election cycle. Virginia’s race for governor is in full gear. The candidates, former Governor Terry McAuliffe, and business leader, Glenn Youngkin, are both vying to occupy the Commonwealth’s top post. Both […]

U.S. Supreme Court Ends Latest CDC Eviction Moratorium

August 27, 2021

The following update comes directly from the National Association of REALTORS® (NAR) regarding the SCOTUS decision to end the most recent eviction moratorium: The U.S. Supreme Court ended the Centers for Disease Control and Prevention (CDC’s) eviction moratorium Thursday night [August 26, 2021], giving much-needed relief to America’s small housing providers facing financial hardship for more […]

Board of Supervisors to Hold Public Hearing on AT&T Cell Tower Proposal

August 27, 2021

The public hearing will occur on September 14th and will help the Board determine whether the permit proposal for the Short Hills area is consistent with the 2019 Comprehensive Plan. On Tuesday, July 20, 2021, the Board of Supervisors voted 8-1 to overturn the Planning Commission’s rejection of AT&T’s permit request to construct a 125-foot-tall […]

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, […]

Effective July 1st: New Virginia Laws

June 21, 2021

The Virginia General Assembly wrapped up their legislative sessions in the early months of 2021. The Governor has taken action on 500+ bills/resolutions, with many affecting the housing industry.   Of approximately 3,000 bills/resolutions that were introduced during these sessions, Governor Northam took action on 552 and vetoed none of them during the 2021 special session. […]

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 […]

FHA: No Conflict of Interest for Brokers Receiving Commissions on HUD REO Homes

November 18, 2019

The National Association of REALTORS® says the FHA’s response to its recent advocacy efforts is a big win for members who have an ownership interest in HUD real estate-owned homes. Adopting NAR’s interpretation, the FHA has revisited its policy and will now permit brokers to receive commissions on sales of HUD REO homes in which […]