Blog
Effective July 1st: New Virginia Laws
June 21, 2021
The Virginia General Assembly wrapped up their legislative sessions in the early months of 2021. The Governor has taken action on 500+ bills/resolutions, with many affecting the housing industry. Of approximately 3,000 bills/resolutions that were introduced during these sessions, Governor Northam took action on 552 and vetoed none of them during the 2021 special session. […]
NVAR Form Changes-Effective July 1, 2021
June 21, 2021
The NVAR Board of Directors has approved the following new forms and forms changes, as proposed by the NVAR Standard Forms Committee, effective July 1, 2021. K1387 – LANDLORD NOTICE REGARDING NONPAYMENT OF RENT – LEASE: In response to recent revisions to the Virginia Residential Landlord and Tenant Act (“VRLTA”), this form was completely updated. […]
An Update on Everything Broadband
June 16, 2021
What you need to know: DAAR’s new partnership with the Loudoun Broadband Alliance, the BRIDGE Act, broadband efforts in Western Loudoun, & more. As the COVID-19 pandemic has shown, people are more dependent on the internet than ever before, rendering it less of a luxury and more of a daily necessity. As calls for high-speed […]
Board Adopts Recommendations on American Rescue Plan Funding
June 16, 2021
Loudoun County received $40.2M, the first half, in early June. $20M will be used to offset revenue losses from COVID-19. On June 1st, Loudoun County received the first $40.2 million in federal funds from the American Rescue Plan Act (ARPA) and will receive the second half within a year. With an estimated $80.3 million in […]
Act Now: Defend 1031 Like-Kind Exchanges
June 15, 2021
Help defend 1031 through NAR’s new 1031 Like-Kind Exchange Member Stories Portal, where members can share how they’ve used 1031 to bring economic investment to their community. Background: The Biden administration has proposed eliminating Section 1031 like-kind exchanges (1031s) under the American Families Plan, arguing that the tax policy only benefits the wealthiest of Americans. […]
DAAR & GCAAR SentriLock Reciprocity
June 15, 2021
The Dulles Area Association of REALTORS® is excited to announce that we have entered into a reciprocal agreement with the Greater Capital Area Association of REALTORS® (GCAAR) to allow full, shared access to our members’ SentriLock lockboxes. We are making it easier for our members to show listings in GCAAR’s jurisdiction, which includes Washington DC […]
Homeownership Month: Upcoming Events in Loudoun County
June 7, 2021
June is here, which means that it is officially Homeownership Month in Loudoun County and across the county. This special occasion recognizes the value that owning a home brings to families and neighborhoods across the nation. It also brings light to the idea that the American dream is alive, as there are numerous national and […]
Key Findings from NAGLREP 2020-2021 LGBT Real Estate Report
June 2, 2021
The National Association of Gay & Lesbian Real Estate Professionals’ (NAGLREP) fourth LGBT Real Estate Report explores the latest buying, selling and renting trends among the LGBTQ+ community. Using survey data from members (as well as studies and surveys from the U.S. census and Freddie Mac), NAGLREP sheds light on the social, economic, and political […]
Biden Announces New Housing & Small Business Programs to Close Racial Wealth Gap
June 1, 2021
Announced on the centennial of the Tulsa massacre, the programs are part of a first-ever interagency effort that will also take aim at inequities in home appraisals. On Tuesday, June 1, 2021, the Biden-Harris administration announced new housing and small business programs that are designed to close the racial wealth gap. The White House released […]
DAAR Office Reopening Update
May 28, 2021
DAAR Office Open: Masks Required for Unvaccinated Based on the Governor’s new orders, DAAR will adopt the following rules for the office. These rules will remain in-place until Governor Northam further refines his executive orders. Fully vaccinated individuals will not be required to wear facial coverings inside the DAAR office or at DAAR in-person events. […]