Blog
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 […]
More Opportunities to Receive Your Fair Housing Training Credits
October 17, 2019
Do you need Fair Housing training to complete this year’s license renewal requirements? We have two opportunities for you! The Virginia Fair Housing Course will be hosted by DAAR next week and by Loudoun County next month. Sign up today! Wednesday, October 23, 2019 from 11am-1pm at DAAR. Register here. Tuesday, November 19, 2019 from […]
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 […]
Are You Election Ready? Absentee Voting Began 9/20
October 7, 2019
The General Election will be held in Loudoun County on Tuesday, November 5, 2019. On the ballot will be candidates for the Virginia General Assembly, Loudoun County Board of Supervisors, School Board, Constitutional Officers, Soil and Water Conservation District, and bond questions. Polls will be open from 6:00 a.m. to 7:00 p.m. on Tuesday, November […]
Flood Insurance Available Through November 21st
September 30, 2019
On Friday, September 27, 2019, President Trump signed into law an extension of the National Flood Insurance Program’s funding authority. This temporary measure also funds other government operations and averts a government shutdown through November 21, 2019. National Association of Realtors® President John Smaby issued the following statement: “With this CR temporarily ending the threat […]
Legal Corner: Social Media, Advertising and Ethics
September 30, 2019
Advertising media is constantly changing. New social media platforms pop up every week giving Realtors® more choices and easier access to mass advertising. Because of the quick pace of technology, the rules, both the Code of Ethics and the Virginia Regulations, have not kept up with the pace. Here are tips to help you navigate […]
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 […]