Blog
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 […]
Kaine and Warner Announce $4 Million from HUD for Affordable Housing Expansion
September 24, 2021
“These federal dollars will help Virginians access safe and affordable housing as our Commonwealth continues to build back better… We are glad to see this funding go toward helping Virginians in need.” On Tuesday, September 21, 2021, U.S. Senators Tim Kaine and Mark Warner of Virginia announced $4,098,261.60 in federal funding from the U.S. Department […]
DAAR Spotlight: 2021 RPAC Major Investors
September 20, 2021
DAAR wholeheartedly appreciates every single one of our RPAC contributors. Today, there’s one group of investors we’d like to shine a special light upon: DAAR’s RPAC Major Investors have contributed a minimum of $1,000 each (the Sterling “R” level) in 2021, and we are honored to recognize them for their extraordinary commitment to REALTOR® advocacy […]
NAR Expresses Concern Over Proposed Limitations on Real Estate Investment
September 17, 2021
The limitations could negatively impact the health and growth of the commercial real estate market. On Tuesday, September 7, 2021, the National Association of REALTORS® (NAR) raised concerns in a letter issued to Congressional leadership of the tax writing committees regarding the proposed limits to tax benefits for real estate investment. At a time when the […]
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 […]
Loudoun County Announces Financing Opportunities for First-Time Homebuyers
August 21, 2021
The following is directly from the Loudoun County Government’s website: Loudoun County announces the availability of $10 million provided by Virginia Housing (VH) to help first-time homebuyers. The allocation of funding through VH’s Sponsoring Partnerships and Revitalizing Communities (SPARC) program will provide lower interest rates on home loans in Loudoun County for qualifying buyers. To qualify for […]
Analysis: Loudoun County’s 2020 Census Results
August 20, 2021
Of Virginia’s 133 counties, Loudoun boasts the largest increase in population size, but struggles with the third lowest housing vacancy rate. The 2020 U.S. Census results are out, which means the once-a-decade redistricting process will begin to unfold as state and local governments begin to review population changes. In Virginia, one of the most significant […]
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. […]