Terrie Suit, VAR’s Chief Executive Officer, has been named to Governor-Elect Terry McAuliffe’s transition committee.
“The challenges we face require leaders who will put old battles aside and find common ground to move us forward together. I have no doubt that this transition committee will help me build an administration that is ready to hit the ground running on the issues that matter most to Virginia families.”
Last night, voters in Virginia elected a new governor, Terry McAuliffe, lieutenant governor, Ralph Northam, attorney general and House of Delegates. (As of this morning, the attorney general’s race remains too close to call.)
The Virginia Association of REALTORS® congratulates all the winners.
“Housing has and will continue to play a pivotal role in our economic recovery,” said VAR CEO Terrie Suit. “We have already begun looking for opportunities to work with everyone elected last night, Democrats and Republicans, to make sure we continue a pro-housing environment across the commonwealth.”
This Election Day, there are a number of key races for the Virginia House of Delegates that VAR is following closely — these are contests that could have a profound effect on real estate in Virginia. Here’s a summary of two of them.
Key House and Senate members have reached a bipartisan deal to delay the implementation of major parts of the Biggert-Waters Flood Insurance Reform Act. The agreement — which still must be codified into a bill — will ensure the government continues to subsidize flood-insurance for many homeowners who participate in the National Flood Insurance Program (NFIP) while the impact of higher rates is studied.
The agreement is a result of concerns over the implementation of Biggert-Waters, and the effect it has had on flood insurance premiums since it was passed in July 2012.
This Election Day, there are a number of key races for the Virginia House of Delegates that VAR is following closely — these are contests that could have a profound effect on real estate in Virginia.
Here’s a summary of two of them; we’ll be covering more as Election Day approaches.
VAR’s Blake Hegeman discusses some common licensure issues and misconceptions, including:
- Concurrent licensure
- Licensed v. unlicensed assistants
- Sale of mobile homes
A study by personal finance site Wallet Hub found that Virginia is the state most affected by the government shutdown.
Using data from Realtor.org as well as the Department of Education, the Brookings Institute, FedsDataCenter.com, the U.S. Department of Veterans Affairs, and the U.S. Small Business Administration, Wallet Hub examined a number of factors that would make a state more or less impacted by the shutdown.