Blog
IRS Clarifies Home Equity Loan Interest Deductibility
February 23, 2018
The Internal Revenue Service (IRS) has issued a news release (link is external) clarifying that in many cases, interest paid on home equity loans remains deductible under the new tax reform law. Many questions have arisen on this issue, as many media reports on the new tax law indicated that as of 2018, interest is no […]
USDA Reviews Eligible Areas for Housing Loans
February 23, 2018
The U.S. Department of Agriculture’s (USDA) Rural Housing Service (RHS) provides direct and guaranteed loans to home buyers in designated rural or “rural in character” areas throughout the country. Every five years, RHS reviews localities to determine if they should remain eligible for its housing loan products. The four areas currently under review in Loudoun […]
DAAR Members Help Transform the Loudoun Abused Women’s Shelter
February 19, 2018
Members of the Dulles Area Association of REALTORS® (DAAR) demonstrated their commitment to community service by lending their time and talents to helping transform Leesburg’s Loudoun Abused Women’s Shelter (LAWS). Almost 50 DAAR members and their families and friends participated in a three-day painting event over the weekend of February 17-19, 2018. Combined, they provided […]
Safety Alert: Beware of Suspicious Caller
February 19, 2018
According to the Greater Capital Area Association of REALTORS, female REALTORS® in DC Metro area have been receiving calls from an individual identifying himself as Dwayne Bergeman. He states that he is relocating from Oregon, but will not answer simple questions. The caller insists he wants to see houses in a high value price range. A […]
DAAR Stands United with Business Community Against Racially Divisive Fliers
February 19, 2018
In response to recent fliers and messages again distributed within the community this month as reported here, the Dulles Area Association of REALTORS® signed on to a joint business community statement to take a stand against these acts and in united steadfast commitment to equality and respect for all. Read the Statement by Organizations Representing […]
January 2018 Loudoun County Market Trends Report: Another Record Low Month for Inventory; Home Sales Continue to Decline
February 19, 2018
The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing Bright MLS housing data from MarketStats by ShowingTime. Overview • For the 31st consecutive month, active listings declined in Loudoun County—the lowest […]
National Flood Insurance Program Extended to March 23, 2018
February 19, 2018
On February 9, 2019, Congress extended the National Flood Insurance Program (NFIP) as part of a broader budget agreement. NAR is urging the Senate to use the time to work on comprehensive NFIP legislation that provides a 5-year reauthorization and includes meaningful reforms to strengthen the program and open the door to a private market […]
DAAR Members at the 2018 Virginia REALTORS® Economic and Advocacy Summit
February 19, 2018
Members the Dulles Area Association of REALTORS® (DAAR) joined with hundreds of REALTORS® in downtown Richmond for the 2018 Virginia REALTORS® Economic and Advocacy Summit. Eleven members from the DAAR Board of Directors and Government Affairs Committee ensured that the voice of Loudoun County REALTORS® was heard throughout the Summit. “These Summits offer a unique opportunity […]
Virginia REALTORS® 2018 Legislative Agenda: the Halfway Point
February 11, 2018
We are at the hallway point in the Virginia General Assembly 2018 Session. By Tuesday, February 13th, bills passed in one chamber will “Cross Over” to the other chamber for action. All of the legislative initiatives advanced by the Virginia REALTORS® have passed (or should pass) in one chamber by Tuesday and will be heard […]
Important: Update from Bright MLS on System Performance Issues
February 6, 2018
In response to feedback received from members and local associations, Bright MLS CEO Tom Philips sent an email to us on Monday, February 5th, 2018 providing an update regarding ongoing issues with the system. Please note that they are working hard to identify and resolve issues moving forward. We will provide updates to you as […]