Blog
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 […]
2018 DAAR Major Investors Included in the RPAC 50th Anniversary Artwork
July 24, 2019
To commemorate the 50th Anniversary of the REALTORS® Political Action Committee (RPAC), a 10-foot-high drawing of the National Association of REALTORS® Washington, D.C. building was commissioned. Not only is the drawing beautiful, it is drawn entirely with the names of nearly 10,000 RPAC Major Investors! If you look closely, you’ll find the names of the […]
Are You Using Your Listing Photos Legally? Learn How to Protect Your Agents from Copyright Violations.
July 24, 2019
Listing photos are a key piece of your agents’ marketing plans. They’re so important that a lot of agents will hire a professional photographer to capture the features of the listing in all the right ways. Posting the pictures that a photographer has taken isn’t always as straightforward or simple as one might think. It […]