Blog
November 2019 Loudoun County Market Trends Report: Median Sales Price Sets Record November High
December 17, 2019
Overview Loudoun County’s November median sales prices increased for a ninth year in a row, up 0.15% since last November. The end-month median sales price of $485,750 is a new 10-year month-over-the-year record high for November. Median sales prices improved for detached homes by 4.2% and attached homes by 5.4% in last month, when compared […]
Dulles Area Association of REALTORS® 2020 Officers and Directors Installed
December 6, 2019
Barry Taylor, Weichert, REALTORS® in Ashburn, VA, was installed as the 2020 President of the Dulles Area Association of REALTORS® (DAAR) at the annual Holiday Party and Board Installation. The event took place on December 5, 2019 and included the installation of the nineteen local area REALTORS® and two Affiliate members who will serve as […]
Do Your Clients Understand Their Mortgage Disclosure Documents?
November 22, 2019
You can help improve how this critical information is presented to homebuyers by giving the National Association of Realtors® your feedback! The Consumer Financial Protection Bureau (CFPB) is reviewing the mortgage disclosure rule, known as the TRID rule. This rule drastically changed the mortgage disclosure process to improve transparency for consumers (i.e. creation of the […]
Flood Insurance Extended Through December 20th
November 22, 2019
Yesterday, November 21, 2019, Congress extended the National Flood Insurance Program (NFIP) through Dec. 20, avoiding a lapse in the program. The President signed the bill into law. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next […]
FHA: No Conflict of Interest for Brokers Receiving Commissions on HUD REO Homes
November 18, 2019
The National Association of REALTORS® says the FHA’s response to its recent advocacy efforts is a big win for members who have an ownership interest in HUD real estate-owned homes. Adopting NAR’s interpretation, the FHA has revisited its policy and will now permit brokers to receive commissions on sales of HUD REO homes in which […]
Census 2020
November 18, 2019
Key Census Messages – Fall 2019 The Census can be complicated. During the Education phase, we are focused on simple messages that emphasize impact, confidentiality, and a general timeline. Census Day is April 1, 2020. – Watch for a postcard that will arrive in the mail in mid-March. – You can respond to the Census […]
Winter Warmth 2019
November 18, 2019
The 2019 Winter Warmth cold weather clothing and blanket drive organized by the Community Service Committee was a great success! DAAR members dropped off coats, blankets, hats, and gloves from the end of September through November 18th. The Community Service Committee collected and distributed 20 huge bags of clothing, sheets and blankets to Mobile Hope, […]
October 2019 Loudoun County Market Trends Report: October Median Sales Price Increases for Ninth Consecutive Year
November 15, 2019
Overview Loudoun County’s year over year median sales prices increased for a ninth year in a row, up 2.1% since last October. The end-month median sales price of $495,000 reflects a new 10-year record high for the month of October. Closed sales set a 10-year record high in Loudoun County at 538 in the […]
Everyone Counts! Take Part in the 2020 Census
October 30, 2019
Every ten years, the United States Census Bureau conducts a count of everyone in our nation. The next census will begin in the spring of 2020. It is important that Loudoun County receives an accurate count of our residents because so many things that matter to this area are determined by the census. The people […]
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 […]