26th Annual Golf Classic – October 13, 2016 to benefit the VPAR Charitable Foundation

cf-logoThe Virginia Peninsula Association of Realtor’s Charitable Foundation is very excited to invite you to our 26th Annual Charity Gold Classic. We are expecting another sellout crowd for golfers.
The tournament will take place on October 13th, 2016 at Sewells Point Golf Course, Naval Station Norfolk.

Registration will start at 9:30 with a shotgun start at 11:00AM. The VPAR Charitable Foundation has been using all the proceeds from this tournament to support local charities. We are a 501-C3 nonprofit organization and all profits are returned to the local community.

We have been very successful in years past with our fund raising and have set a stretch goal of $26,000 net profit in honor of our 26th anniversary. We hope we can count on you and your company’s full support in terms of sponsorship and giveaways.

Attached are both our team registration and sponsorship forms. As I said, this tourney usually sells out, so early registration will secure your team a tee off.

Tu Ritter
VPAR Charitable Foundation President

757-291-4004 Turitter@monarchmortgage.com

26th Annual Golf Classic Sponsor Form26th Annual Golf Classic Signup

April 2016 Homes Sales Report

The Virginia spring selling season is booming, according to the April 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR). The number of transactions rose by nearly 8.5 percent year-over-year, from 9,169 sales to 9,945. The value of transactions for April 2016 rose above $3.2 billion, gApril 2016 Sales Reportaining nearly 10 percent on the same month last year. As expected with industry seasonality, April sales outperformed March, rising over 16.5 percent in units sold and over 22 percent in total transaction value for the month. Median price and days on the market also indicated strengthening, both seasonally and year-over-year. Median price for the month rose to $265,000, up more than 5 percent from March ($252,000) and up nearly 2 percent from April 2015 ($260,000). The average length of time on the market declined significantly month-over-month and year-over-year to 70 days, dropping nearly 10 percent from March 2016 (79 days) and the previous April benchmark (77 days). Rising median price and declining time on the market reflect that inventory has remained tight. As the market moves into more active spring months and low interest rates continue to entice prospective buyers, limited inventory will continue to pressure sales price and create urgency.

Read the full report here.



GASTON, SUSAN COLOR 2255 (2)Virginia Peninsula Association of REALTORS®

Monthly Public Policy Report


“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” — Plato

 After a long but highly successful General Assembly Session, the Association’s Public Policy efforts have turned to local and regional issues PLUS local elections. Spring in Virginia, at least in even-numbered years, typically means City Council elections and a host of subject areas that require our attention. See below for details as to how VPAR is working for you to establish a strong local presence!


 The VPAR Public Policy Committee (PPC) conducted candidate interviews in late March with nearly all of the candidates seeking election to the Newport News City Council and the Hampton City Council, as well as the two candidates seeking the office of Hampton Mayor.

After careful consideration, including a substantive and lengthy written questionnaire that focused on housing and business issues, and a detailed in-person interview with the PPC, the Committee recommended, and the VPAR Board of Directors has approved, the endorsement of the following City Council Candidates:


George Wallace

HAMPTON COUNCIL (three At-Large seats available)

Linda Curtis

Billy Hobbs

Chris Snead

HAMPTON COUNCIL SPECIAL ELECTION (to fill the unexpired term of Councilman Donnie Tuck who is running for Hampton Mayor)

Jimmy Gray


Rob Coleman (North District)

Dr. Patricia Woodbury (Central District)

Tina Vick (South District)

The Committee encourages Association members to consider these important endorsements when you go to vote on Tuesday, May 3rd! Look for reminders on the Association’s Facebook page, and be sure to visit the Association office where you can review and take with you information on each candidate.


Read The Full Version with Local, State and Federal Issues Here!