Blog
License Renewal Amid COVID-19
May 7, 2021
Early in the pandemic, DPOR announced that it was extending deadlines and temporarily waiving regulations during the declared state of emergency. This announcement was made on March 18, 2020 and came as Virginia was shutting down. At that time, we did not know whether licensees—real estate and other professions regulated by DPOR—would be able to […]
CDC’s Eviction Moratorium Ruled Unlawful
May 6, 2021
U.S. District Court Judge Dabney Friedrich ruled that the nationwide eviction moratorium exceeds the authority of the Centers for Disease Control and Prevention (CDC). On Wednesday, May 5th, 2021, Judge Dabney Friedrich of the U.S. District Court for the District of Columbia ruled that the CDC’s eviction ban is unlawful. The 20-page decision declares that the […]
Q1 2021: Market Indicators Report
May 3, 2021
Click here for the full Q1 2021 Loudoun County Market Indicators Report for the Dulles Area Association of REALTORS® by Virginia REALTORS®. Click here to download supporting graphics. Key Market Takeaways Economic Conditions In the first quarter of 2021, the pace of economic growth both statewide and in Loudoun County have slowed somewhat. However, consumer […]
Election 2021: Early Voting Begins in Virginia
April 26, 2021
As early voting kicks off in the commonwealth, DAAR encourages all eligible residents to register and cast their ballots in this cycle’s primary election. As of Friday, April 23rd, 2021, residents of the commonwealth may cast their ballots early for the statewide and local elections. Early voting will remain open until the 5th of June, […]
Loudoun County Board Adopts 2021 Fair Housing Month Proclamation
April 21, 2021
This renewed commitment highlights the efforts of DAAR and other local organizations to make affordable housing a reality in the Loudoun area. On Tuesday, April 20th, the Loudoun County Board of Supervisors presented DAAR with the 2021 Fair Housing Month Proclamation. The document, signed by all nine members of the Board, will now be displayed […]
March 2021: Market Indicators Report
April 20, 2021
Click here for the full March 2021 Loudoun County Market Indicators Report for the Dulles Area Association of REALTORS® by Virginia REALTORS®. Key Market Trends Sales growth continued in Loudoun County for the ninth straight month, though the pace of growth moderated. There were 619 home sales in Loudoun County in March, 52 more […]
NAR: As Lease Addendums Rise, Marijuana Businesses Adapt by Purchasing Commercial Property
April 15, 2021
Key Highlights Members residing in states with legalized marijuana saw an increase in demand for warehouses. Nearly half of those in states that legalized marijuana prior to 2016 have seen addendums added to leases restricting growing on properties. There is an increase in purchasing properties for marijuana-related businesses instead of leasing. WASHINGTON (April 16, 2021) […]
Board of Supervisors Adopt $3.3 Billion Budget; Tax Rate Lowered by 5.5 Cents
April 8, 2021
For the first time since 2008, Loudoun County’s real estate tax rate will fall below $1. However, the average bill for homeowners is expected to increase by 0.7% for Fiscal Year 2022. On Tuesday, April 6th, the Loudoun County Board of Supervisors approved a 2022 fiscal budget in the amount of $3.3 billion. The budget will […]
PRO Act passes in U.S. House: What the Bill Means for REALTORS®
April 6, 2021
On March 9th, the U.S. House of Representatives passed H.R. 842 – the Protecting the Right to Organize Act (the PRO Act) by a vote of 225-206. The real estate community has been buzzing with uncertainty since the PRO Act suddenly passed the House on March 9th, as many are unsure of how it will impact REALTORS®. If passed by the Senate […]
Loudoun County Board Reverses Goose Creek Development Decision
March 22, 2021
In a 6-2-1 vote, the 238-unit development proposal was reversed amid conservation and environmental concerns. On Tuesday, March 16th, the Board of Supervisors reversed their initial approval of the Goose Creek Overlook Development by a vote of 6-2-1, with one supervisor abstaining. The project, which was approved on March 2nd, has now been denied amid rising environmental concerns. A core component of the development was its proposed allotment […]