Blog

Turning the Corner: 2021 Annual State of the Airports Luncheon

June 25, 2021

Getting people back into the office and relaxing international travel restrictions are among the critical milestones needed to return ‘Back to Normal,’ according to MWAA CEO John Potter. On Thursday, June 24, 2021, Committee for Dulles hosted the 2021 State of the Airports Luncheon with John Potter, President and CEO of the Metropolitan Washington Airports […]

SCOTUS Decision on FHFA Leadership Structure

June 24, 2021

In a 7-2 majority, the Supreme Court (SCOTUS) ruled on Wednesday (6/23/2021) that the structure of the Federal Housing Finance Agency (FHFA) was unconstitutional.  Background: The FHFA is the regulatory body that oversees Freddie Mac and Fannie Mae, two of the nation’s largest federally backed home mortgage companies. The agency was created in 2008 under […]

1 Stop, Donate & Drop

June 23, 2021

  DAAR’s Community Service Committee is hosted a food drive recycle event at the DAAR office on July 28, 2021 between 10am-12pm.  Donations went to support DAAR’s partnered 2021 charities, LAWS, Mobile Hope, and Friends of Loudoun Mental Health. DAAR members donated 485lbs of food and $560 in gift cards! Food items will be donated to Mobile […]

Unmet Housing Needs Strategic Plan Update: June 2021

June 22, 2021

Chair Randall calls on DAAR’s market report once again, highlighting the County’s housing shortage and the need to implement attainable housing strategies. On Tuesday, June 22nd, the Loudoun County Chamber of Commerce (LCCC) hosted the 2021 PolicyMaker Series: Finding a Solution to Loudoun’s Housing Crisis, their first in-person Policy-Maker event in more than 15 months […]

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. […]

May 2021: Market Indicators Report

June 18, 2021

Click here for the full May 2021 Loudoun County Market Indicators Report for the Dulles Area Association of REALTORS® by Virginia REALTORS®.     Key Market Trends Spring market relatively busy in Loudoun County compared to prior years; however, activity slowed from April signaling a possible cool down. There were 849 home sales in Loudoun County […]

An Update on Everything Broadband

June 16, 2021

What you need to know: DAAR’s new partnership with the Loudoun Broadband Alliance, the BRIDGE Act, broadband efforts in Western Loudoun, & more. As the COVID-19 pandemic has shown, people are more dependent on the internet than ever before, rendering it less of a luxury and more of a daily necessity. As calls for high-speed […]

Board Adopts Recommendations on American Rescue Plan Funding

June 16, 2021

Loudoun County received $40.2M, the first half, in early June. $20M will be used to offset revenue losses from COVID-19.  On June 1st, Loudoun County received the first $40.2 million in federal funds from the American Rescue Plan Act (ARPA) and will receive the second half within a year. With an estimated $80.3 million in […]

Act Now: Defend 1031 Like-Kind Exchanges

June 15, 2021

Help defend 1031 through NAR’s new 1031 Like-Kind Exchange Member Stories Portal, where members can share how they’ve used 1031 to bring economic investment to their community. Background: The Biden administration has proposed eliminating Section 1031 like-kind exchanges (1031s) under the American Families Plan, arguing that the tax policy only benefits the wealthiest of Americans. […]

Bright Update: Showing Services

June 15, 2021

The below message is from Bright MLS. Bright MLS, CRMLS, and MRED Collaborate on Offering Choice in Showing Management ROCKVILLE, MD; CHINO HILLS, CA; and LISLE, IL – June 15, 2021 – Three of the nation’s leading multiple listing services (MLSs) announced today that they are strategizing to create standards to support choice in showings […]