VPAR INSTALLATION & ANNUAL AWARDS BANQUET – FRIDAY, NOVEMBER 18TH

SAVE THE DATE! SAVE THE DATE! SAVE THE DATE!

VPAR Installation & Annual Awards Banquet

Date: Friday, November 18th, 2016    Marriott at City Center

Rounds of 10 to a table.  Business to semi-formal attire please.

Duo-entrée served and vegetarian option upon request.

Time: Social from 5:30 p.m. – 6:30 p.m. and program begins at 6:30 p.m. with dinner/dancing to follow!

cropped-Res_RGB-1-e1454099017621.jpgINSTALLATIONS: 2017 VPAR President Chandra Patterson and the 2017 Board of Directors

ANNUAL AWARDS TO BE PRESENTED:

Manager of the Year

Salesperson of the Year

Sales Team of the Year

Property Manager of the Year

Affiliate of the Year

REALTOR® of the Year Code of Ethics Award

Community Service Award

Annual_AwardsMORE INFORMATION TO BE POSTED SHORTLY!

 

 

VPAR JULY 18TH SOCIAL AT BAR LOUIE – SPONSORED BY PILLAR TO POST

bar louie

VPAR JULY SOCIAL AT BAR LOUIE

http://vpar.org/PDF/social/July%202016%20Social%20Flyer.pdf

Beat the heat and meet us over at Bar Louie’s on Monday, July 18th from 5-7 p.m.  Our sponsor will be Pillar to Post Home Inspectors.  Bring some canned goods (which will go to the Peninsula FoodBank) and get a second free raffle ticket to go in the pot for the end of year door prize bonanza!

VPAR MEMBERS ONLY PLEASE!

May 2016 Homes Sales Report

May 2016 Home Sales

According to the May 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), the Virginia housing market continues a strong growth trend. Year-over-year, the number of transactions rose by nearly 11 percent, from 10,369 sales to 11,499. The value of transactions for May 2016 rose above $3.861 billion, gaining 10 percent on the same month last year. Typical of industry seasonality, May sales rose above April figures; historically, the market improves each month through June. Median price rose month-over-month by just over 4.5 percent, from $265,000 to $277,000. Relative to last year, the median price rose slightly from a May 2015 benchmark of $275,000. The marginal change in price from last May indicates that the volume surge this year is because of the significant jump in number of transactions.  Further indicating market strength, average length of time on the market compressed from 67 days last May to 62 in May 2016, quickening by 7.5 percent. Rising median price and declining time on the market reflect limited inventory. With access to historically low interest rates, buyers may be motivated to enter the market with a sense of urgency as inventory constraints continue to press prices up.

Read the full report here.

Call for Action on H.R. 3700 – Show Your Support of the “Housing Opportunity Through Modernization Act of 2016.”

Take ActionEncourage your members to take action and urge the Senate to follow the House’s lead by passing H.R. 3700, the “Housing Opportunity Through Modernization Act of 2016.” The bill makes needed reforms to the FHA condominium loan program, federal assisted housing programs and Rural Housing Service loan programs. Letter to Senate.