Blog
REALTORS® in Northern Virginia Respond to the Tax Increase Proposal
January 20, 2018
REALTORS® across Northern Virginia united to voice their concerns about the recent tax increase proposals to fund Metro. “While we are supportive of Metro, we are concerned about the impact this additional tax burden will have on Northern Virginia homeowners,” said Holly Weatherwax, President of the Dulles Area Association of REALTORS® (DAAR). Along with DAAR, […]
You’re Invited! Tax Reform Forum – February 2nd, 11AM
January 16, 2018
You’re invited to attend DAAR’s Public Policy Forum: Tax Reform & You, Your Business & Your Clients, on Friday, February 2nd, 10-11:30am at DAAR, 21720 Red Rum Drive, Ashburn, VA. The recently enacted Tax Cut and Jobs Act includes several provisions that may impact you as a REALTOR®, your business, or your clients. Join us for a special […]
You’re Invited! Tax Reform Forum – February 2nd, 10AM
January 16, 2018
You’re invited to attend DAAR’s Public Policy Forum: Tax Reform & You, Your Business & Your Clients, on Friday, February 2nd, 10-11:30am at DAAR, 21720 Red Rum Drive, Ashburn, VA. The recently enacted Tax Cut and Jobs Act includes several provisions that may impact you as a REALTOR®, your business, or your clients. Join us for a special […]
National Flood Insurance Program Extended to January 19, 2018
December 27, 2017
On December 21, 2017, Congress extended the National Flood Insurance Program (NFIP) as part of the continuing resolution to keep the government open through January 19. NAR will continue working with Congress to ensure that the NFIP does not lapse while the Senate works on its version of the 5-year reauthorization and reform measure. Read […]
FHA 2018 Loan Limits
December 27, 2017
On Dec. 7, 2017, the Federal Housing Administration (FHA) released its 2018 Loan Limits, effective January 1, 2018. FHA’s loan limits are tied to the loan limits set by the Federal Housing Finance Agency for conventional mortgages. In high-cost areas the FHA national loan limit “ceiling” will increase to $679,650 from $636,150. FHA will also […]
President Signs the Tax Reform Bill
December 27, 2017
The President signed into law the “Tax Cuts and Jobs Act” on December 22, 2017. All individual provisions of the measure are generally effective after December 31, 2017 for the 2018 tax filing year and expire on December 31, 2025 unless otherwise noted. The provisions do not affect tax filings for 2017 unless noted. To read […]
Tax Reform Bill: Vote on Final Passage Expected This Week
December 18, 2017
The 1,000+ page Conference Committee Report on the Tax Reform Bill is expected to be voted on this week in the U.S. Senate and House of Representatives. NAR believes that many improvements were made from the prior bills and remains concerned that it will present problems for homeowners and the broader housing market. Read more […]
Welcome New DAAR Government Affairs and Communications Manager – Brenda Morton
December 8, 2017
We are pleased to announce that Brenda Morton is the new Government Affairs and Communications Manager for DAAR effective Thursday, December 1st. Her primary responsibilities will include advocating on legislative matters that affect the association, administering the Dulles Area REALTORS® Political Action Committee (DARPAC) and managing the association’s communications program. Brenda comes to us with […]
Phase I Begins – Loudoun County Wants to Know If You’re Renting Out Rooms
December 4, 2017
Are your clients interested in using their property for short-term rentals? If so, they may need to register with Loudoun County officials. Background The 2017 General Assembly passed SB1578, which allows localities to establish a registry of people offering short-term residential rentals and requires them to register annually. The law also includes an exemption from […]
Loudoun County Wants to Know if You’re Renting Out Rooms
November 3, 2017
On October 19, 2017, the Board of Supervisors approved a work plan to create a registration process for homeowners who rent out rooms in Loudoun County. The plan has two phases: 1) registration and taxation; and 2) zoning and public safety. The county will research the issue and obtain feedback from the public between now […]