Blog

Watch the FHA Condo Rule Facebook Live: 9/26

September 20, 2019

The U.S. Department of Housing and Urban Development is expected to release new Federal Housing Authority (FHA) condominium financing policies on October 15, 2019. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Join the NAR FHA Condo Rule Facebook […]

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 […]

GSE Reform Proposal Unveiled

September 11, 2019

On September 5, 2019, the White House released a proposal to reform the nation’s housing finance system and privatize Fannie Mae and Freddie Mac. The recommendations, if implemented, will impact operations of the Government Sponsored Enterprises (GSE) and the Department of Housing and Urban Development (HUD). While the plan involves potential administrative, regulatory, and legislative […]

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 […]

New FHA Condo Rule Expected to Yield Thousands of New Homeownership Opportunities

August 14, 2019

The U.S. Department of Housing and Urban Development is expected to release new Federal Housing Authority (FHA) condominium financing policies. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the rule will extend certifications from two years to three, […]

Sometimes You Have to Say No

August 14, 2019

  Bad bills, aka pieces of legislation, pop up regularly. Listen to the latest Real Politics Podcast from the Virginia REALTORS® to find out what happens when they are introduced and what we do to fight bills that don’t benefit members. Click to hear the Bad Bills Real Politics Podcast.

What to Tell Clients About That Leaky Basement

August 14, 2019

Whether you’re working with a buyer or seller, it’s important to guide customers through steps to ensure the foundational soundness of a basement that tends to flood. To help you, NAR has compiled a list of action steps that both buyers and sellers can use to evaluate spaces prone to seepage. What to Tell a […]

You’re Invited: Learn What Happens Inside the U.S. House of Representatives, 9/13, 9:30AM

August 6, 2019

Are you interested in understanding how federal laws impact your real estate business? Join us on Friday, September 13, 2019, for a discussion with our Northern Virginia Congressional delegation about issues such as health care reform, transportation infrastructure, and the National Flood Insurance Program. Bring your questions!The Town Hall is free but pre-registration is required. Light […]