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Real Estate in the News

  
New homebuyer tax credit: extended AND expanded... Consumer
The Unemployment Insurance bill including the homebuyer tax credit extension and expansion has passed the House by a vote of 403-12 after passing the Senate last night 98-0. President Obama signed off on this bill this afternoon. Right click this link and select “Save target as…” to download a chart explaining the difference between this credit and the one set to expire on November 30.

Read up on the credit at VARbuzz, and don’t forget to download the new flyer and tell your clients about the homebuyer tax credit extension. You can even send them to this story on the Virginia Homeowners Alliance Web site that explains how the new $6,500 “move-up buyer” credit could benefit them.

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Realtors, homeowners and RPAC-endorsed candidates prevail on Election Day
Yesterday’s election left its mark on the landscape of Virginia's Capitol Square. With local association endorsements and VAR member votes, RPAC of Virginia-endorsed candidates Governor-elect Bob McDonnell and Lt. Governor Bill Bolling were both victorious last night. And 77 of the 88 RPAC-endorsed House of Delegates candidates will take their seats in the 2010 General Assembly.   Read More...

Virginia's Home Sales Markets Improve in Third Quarter VAR News
Virginia’s housing markets appear to be moving upward, with the lowest point seen in fourth quarter 2008 and steadily improving since then, according to the third quarter 2009 home sales report released today by the Virginia Association of Realtors. “There seems to be no doubt now that we have hit the bottom and are moving back up, in terms of both price and sales activity,” commented VAR President John Powell of Colonial Heights. “We are now in our third consecutive quarter of marked improvement.”   Read More...

John Dickinson Installed as 2010 President-Elect VAR News
John R. Dickinson, CCIM, GRI of Union Hall was installed as president-elect of the Virginia Association of Realtors (VAR) at the group's annual Convention last week in Hot Springs, VA. Dickinson has been a licensed real estate agent since 1988, and currently is associate broker with Hall Associates, Inc. in Roanoke.
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Cindy Stackhouse Installed as 2010 President VAR News
Cindy Stackhouse, GRI, broker/owner of Century 21 Stackhouse & Associates in Dumfries, VA, is the newly installed president of the Virginia Association of REALTORS, with ceremonies held during the VAR annual convention in Hot Springs, VA. A real estate broker since 1988, Ms. Stackhouse is a member of the REALTOR Association of Prince William, serving as their president in 2008, and on their board of directors from 2005 - 2008. She is a Certified Instructor for Code of Ethics and New Member Orientation, and has served on and chaired numerous committees at the national, state and local Realtor association levels.   Read More...

For Brokers Only: Short Sales Summit with Lem Marshall VAR News
Local associations of Realtors throughout Virginia, the Virginia Managers Council, and VAR are inviting certain members of the Realtor family to a free short sales summit in your area. The events are for managing, supervising, and principal brokers, education directors, office managers and association and corporate counsel only.   Read More...

  
 

The Virginia Association of REALTORS®
10231 Telegraph Road, Glen Allen, VA 23059-4578
Phone: (800) 755-8271 | Fax: (804) 262-0497
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