Blog
Use Your Voice and Cast Your Vote in the 11/5 Elections
October 25, 2019
Did you know that almost 70% of REALTORS® in Loudoun County voted in the 2018 elections? Imagine the impact in Loudoun County if 100% of REALTORS® voted in the November 5th elections. Use Your Voice and Cast Your Vote! The General Election will be held in Loudoun County on Tuesday, November 5, 2019. On the […]
County Launches Unmet Housing Needs Strategic Plan Process with Oct. 30 Open House
October 17, 2019
Loudoun County will host an open house to kick off the Unmet Housing Needs Strategic Plan process. The open house will be held at the Eastern Loudoun Service Center, 21641 Ridgetop Circle, Sterling, on Wednesday, October 30, 2019, from 4:00 – 6:00 p.m. In addition to learning about the Unmet Housing Needs Strategic Plan, those […]
September 2019 Loudoun County Market Trends Report: 10-year Record Highs for September Sales
October 15, 2019
Overview Loudoun County’s year over year September median sales prices increased for an eighth year in a row, up 2.1% since last September. The end-month Loudoun County median homes sales price of $495,000 reflects a new 10-year record high. Closed sales across Loudoun County in September totaled 539, a 10-year record high, increasing over the […]
Window to the Law: Flood Insurance & Disclosures: What You Need to Know Now
October 10, 2019
Flood-related disclosures can generate a deluge of legal and ethical questions. What needs to be disclosed? How should you advise your sellers? What should you tell buyers about flood risk and flood insurance? Check out the latest Window to the Law video from NAR Associate Counsel Deanne Rymarowicz who answers these questions and more. Click […]
IRS Improves Deduction Safe Harbor for Mixed-Use CRE
October 10, 2019
The Internal Revenue Service this week released final guidance regarding a safe harbor to help owners of real estate enterprises determine whether they qualify for the new 20% deduction for “qualified business income.” While the safe harbor is largely unchanged in most aspects, it does ease the requirements for owners of mixed-use real estate (commercial […]
You’re Invited: Learn About the Plan to Address the Unmet Housing Needs in Loudoun County, 10/2, 9:30AM
September 20, 2019
We all know about the increased need for housing in Loudoun County. What you might not know is that the County is working to address this issue. Join us on Wednesday, October 2, 2019, when the DAAR Government Affairs Committee meets with Loudoun County officials to discuss development of a strategic plan to address the […]
August 2019 Loudoun County Market Trends Report: Average Sales Price to Original List Price Ratio Hits a 10-Year High
September 19, 2019
Overview • The inventory of homes listed for-sale in Loudoun County during the month of August were at a same-month ten-year low of only 993 homes. Active listings decreased 19.5% from last August; moreover, residential listings have steadily fallen by 56.7% since a peak of 2,294 available homes in 2014. • August 2019 (closed) sales […]
Mark Miller Honored for His Community Service!
September 5, 2019
Congratulations to DAAR member Mark Miller, Long & Foster, Ashburn, who was honored by the Board of Supervisors for his dedication to Loudoun County. Miller has volunteered for the last eight years with the Loudoun County’s Public Library Board of Trustees, serving as Chairman of that Board for the last six years. In addition to […]
July 2019 Loudoun County Market Trends Report: Prices Up, Unit Sales Increasing, Markets Continue to Tighten
August 19, 2019
Overview The median price of homes sold in Loudoun County in July 2019 increased 8.5% compared to July 2018. Month over year price gains were stronger for attached dwellings with a 7.0 percent gain than detached homes at 3.4% increase in median prices compared to July 2018. Active listings continue to decline both month over […]
Loudoun County Approves Expanding Route 15 North of Leesburg
July 24, 2019
The Loudoun County Board of Supervisors approved plans to expand Route 15 north of Leesburg. The four-lane road will run from the Leesburg Bypass to the north side of Lucketts. Improvements to Route 15 also include a bypass around Lucketts and shoulders further north toward Maryland. Supervisors were presented with a Route 15 Safety and […]