Blog
Call for Action: Virginia Assembly Health Insurance Legislation
January 25, 2019
On Friday, January 25, 2019, the Virginia REALTORS® launched an all-member Call For Action on several health insurance related bills being considered by the Virginia General Assembly. While these bills approach the problem in different ways, each could open the door for more coverage options for our members. Senate Bill 1689 (Dunnavant) – Allows certain […]
What a Government Shutdown Means for REALTORS®
January 14, 2019
(As of January 14, 2019) As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage and other […]
It’s Time to Share Your Ideas on How to Fix Legislative or Regulatory Issues
January 11, 2019
Are you concerned about an issue that impacts the real estate industry? Do you know of a legislative or regulatory way to help address the issue? Now is the time to let us know! DAAR is developing the 2020 Legislative Positions and we’d like to hear from you! The legislative positions address local, state, and […]
Conforming Loan Limits to Rise 6.9%
November 28, 2018
The maximum conforming loan amount that Fannie Mae and Freddie Mac can back will increase to $484,350 from $453,100 in 2019, a 6.9 percent increase, the Federal Housing Finance Agency announced today. NAR President John Smaby applauded the action, saying it will help keep homeownership within reach for many households by ensuring loan limits keep pace […]
DAAR Members Speak for Housing that is Affordable and Attainable!
November 9, 2018
Several DAAR members attended the November 7th Loudoun County Planning Commission Public Hearing and urged the county to provide housing that is affordable and attainable in Loudoun County. The hearing was held so that Commissioners would hear the public’s views on the county’s draft Comprehensive Plan – Loudoun 2040. This plan will guide the future […]
November Government Affairs Committee Meeting Guest Speaker: Loudoun County Supervisor Geary Higgins
November 2, 2018
On November 7, 2018, members of the Government Affairs Committee will meet with Supervisor Geary Higgins. The Committee invited Supervisor Higgins in order to learn more about his priorities and areas of focus on the Board of Supervisors and as Chairman of the Transportation and Land Use Committee, as well as the critical issue of […]
DAAR Members Say Yes! for Housing that is Affordable and Attainable in Loudoun County
October 23, 2018
CALLING ALL DAAR MEMBERS! We need you to join with DAAR President Holly Weatherwax and stand up for the real estate industry in Loudoun County on November 7th! That evening, the Loudoun County Planning Commission has scheduled a Public Input Session on the draft Loudoun 2040 plan and DAAR wants to make sure they know […]
Last Chance! Weigh in on the Proposals to Route 15
October 15, 2018
Loudoun County wants your feedback on three proposals for Route 15 between Montresor Road and the Point of Rocks Bridge. Time is limited as the survey will only be open through Wednesday, October 17th! The survey presents three options for consideration: • No Build – Keep the road as is. • Option A – Keep […]
Need to Know: New Law Regulating Real Estate Teams – Effective 1/1/19
October 11, 2018
Are you working as a real estate team? A new law approved during 2018 Virginia General Assembly session, and supported by the Virginia REALTORS®, as part of their legislative agenda, clarifies the definition of teams, requires teams to obtain a business entity license and requires brokerage agreements to include the name and contact information of the […]
IRS to Issue Clarification on Client Meal Deductibility under New Tax Law
October 4, 2018
The Internal Revenue Service is working on guidance that would clarify the deductibility of expenses for client meals under the new tax law, The Wall Street Journal reports. According to the report, this guidance is expected to say that the cost of business meals will be 50 percent deductible, even when those meals are purchased […]