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Commercial

Wetlands violations risky, and expensive

Wetlands may be hard to spot -- and disturbing them without obtaining the required permits can be very expensive.

Kurt Lorenz found that out the hard way after he bought 22 acres of vacant land in southern Chesapeake. He didn't know that the property contained wetlands, and started work on a horse barn. Today, he faces a $22,750 fine from the Virginia Department of Environmental Quality, plus a $50,000 expense to restore the disturbed wetlands.

Read more in The Virginian-Pilot....

RE BarCamp RVA: June 23 at RAR

The Richmond Association of Realtors and VAR are teaming up to bring you RE BarCamp RVA. "RE BarCamp RVA? What the heck is that?" you say?

A BarCamp is a FREE unconference, meaning there is no set agenda of topics before everyone arrives at the site.  At the beginning of the event anyone in attendance can “pitch” an idea such as leading a discussion on the use of Twitter for real estate, a discussion on best practices in dealing with a Short Sales, hot mobile applications or using Facebook for real estate.  Each idea is written on a post-it note and posted on the wall at the front of the room.

Legal battle ends over condemnation of Roanoke property

The legal battle over a three-acre plot of land on Reserve Avenue has ended, with B&B Holdings accepting its condemnation. The City of Roanoke had exerted eminent domain to take the land for a Carrilion Clinic biomedical park, but has since dropped those plans.

The case has been closely watched by advocates of property-owners' rights, who are pushing for stricter limits on the use of eminent domain to seize land. Ultimately, the owners in this case, Jay and Stephanie Burkholder, gave up the fight because it made good financial sense to do so. The legal battle cost them about $600,000.

Virginia Realtors to gather for annual convention at the REal Show

The annual convention for Virginia Realtors, The REal Show will be held October 1-3 at the Virginia Beach Convention Center. Featured speakers will include legendary Washington Redskins quarterback JoeTheismann and Richard Bitner, managing editor of Housing Wire.        

The 90th annual convention of the Virginia Association of REALTORS (VAR), offered in cooperation with the Hampton Roads REALTORS Association (HRRA), is expected to draw several hundred attendees from around the state, with Realtors, brokers and specialists coming for education sessions and a large real estate trade expo.

Danville's economy may be improving

Signs pointing to economic improvement in Danville include an uptick in building permits and retail sales tracking slightly higher than average for Virginia. That's good news for a city burdened by high unemployment -- 14.6% in March.

As the overall economy improves, homeowners can expect house prices to stabilize as more people look to buy homes.

Read more in the Danville News....

What do you get for your Realtor dues? Here’s the real answer.

Realtors® are in business to make money, not give it away. So, why do they pay dues year-after-year?

Get the real answers online in VAR’s 2010-11 Member Guidebook. This year’s Guide is one-stop resource for answers on the real return on Realtor® dues. Visit www.VARealtor.com/MemberBenefits to access the Guide as an e-book today.

 

Did you know?

Being a Realtor®….

Arlington plans to update Crystal City

Arlington County will spend about $90 million to improve roads and parks in Crystal City over the next five years, according to budget documents.

Officials are planning improvements such as pedestrian walkways, bike lanes, and a streetcar at Potomac Yard. The funds will come from local, state, and federal sources, and from private contributions.

Homeowners benefit from improved infrastructure, as greater usability and aesthetic appeal raise property values.

Read more in the Richmond Times-Dispatch....

 

DAAR Education Day

Date: 
May 22, 2010 - 8:00am - 6:00pm
Location: 
Dulles Area Association of REALTORS®, 803 Sycolin Rd. #222, Leesburg, VA 20175

Register nowFun, Lively and Educational: Breakfast, Lunch and Snacks included; Door prizes; Mandatory, Elective and Informational Classes all day.  All this for only $99. 

Register and learn more.

Gov. McDonnell's development deals will create 3,100 jobs for Virginians

In Governor Bob McDonnell's first 100 days in office, Virginia closed more than 50 economic-development deals that together will create 3,100 jobs and generate $360 million in investments in the Commonwealth.

Jobs and community investments are key issues for homeowners. New jobs allow existing homeowners to pay the mortgage and stay in their homes. A strengthening economy also encourages buyers to shop for new homes, possibly driving up prices and holding down the number of days houses stay on the market before being sold.

Read more in the Richmond Times-Dispatch....

Commercial Council Meeting

Date: 
June 21, 2010 - 2:00pm - 4:00pm
Location: 
Virginia Association of REALTORS | 10231 Telegraph Rd. | Glen Allen, VA 23059

Commerical Council Meeting

Agenda to follow