With the General Assembly session winding down, our bills are doing great -- and Heidi has the latest update, including an interview with Delegate Tag Greason, sponsor of our first-time homebuyers savings plan bill.
U.S. House Ways and Means Chairman Dave Camp (R-MI) released a draft tax reform plan today, and the National Association of Realtors® was quick to oppose it.
The plan called for limits on both the mortgage interest and capital gains deductions, as well as the repeal of deductions for state and local property taxes.
In a statement, NAR President Steve Brown wrote:
This spring VAR will be introducing its legislator report card — a groundbreaking project to help Realtors® and others understand how Virginia's state senators and delegates' are voting on important Realtor issues.
The report card will be all about transparency.
Each session, it will track the high-profile, Realtor-impacting bills being considered by the General Assembly, and will show how members of the Assembly voted on those bills.
Not only will it help you on Election Day, it will encourage those legislators to keep Realtor® issues in mind as they vote — things such as property rights, Realtors® licensing and regulation, property management, and more.
As we've passed the halfway point of the 2014 General Assembly session, our bills look like they're doing well. Heidi provides the update.
Pieces of Home — the 2013 Virginia Housing Market Report — is now available. This is one of the most important publications VAR produces — it’s a clear, succinct summary of the year in Virginia housing, featuring data from across the state and insightful commentary from housing and economics experts.
It’s been only two years since the housing market hit bottom, and 2013 was a pivotal year for real estate in Virginia, as Pieces of Home makes clear.
Our Get Active legislative conference may have been cut short by the weather, but the General Assembly session marches on — and with it, VAR’s legislative agenda. Check out the latest Capitol Connections video for the details on the status of our bills (along with some photos from Get Active).
If you sell a home owned by Freddie Mac, you can earn an extra $1,000 above your commission — from now (February 18) through April 15. And if you represent someone who buys one, you can earn an extra $500.
“HomeSteps” is Freddie Mac’s REO division, and the government-sponsored enterprise is offering the incentives to try to clear some of its inventory in certain states, including Virginia, according to a released statement. (They’re also available in some neighboring states, including Kentucky, North Carolina, and Tennessee.)
Due to the incoming weather, Governor McAuliffe has declared a state of emergency in Virginia.
What this means for the Get Active Legislative Advocacy Conference:
- REALTOR® Day on the Hill -- legislator visits -- are still going on as scheduled, starting at 9:30 AM. (The snow will not begin until the afternoon.)
- However, all sessions and functions after noon Wednesday through Thursday have been cancelled.
Once again: Day on the Hill will still take place, with a legislative briefing at 8:00 AM Wednesday. Boxed to-go lunches will be available to take from the Omni Hotel at Noon.
Please drive carefully -- your safety is our first priority.