February 7, 2023 was Crossover Day in the Virginia General Assembly. This annual day of celebration for some, and sadness for others, marks a sort of halftime in the Virginia legislature.

Each year we block numerous policy proposals that would harm the industry. Most of these bills are not ill-intentioned or targeted at harming Realtors®, but they do present a threat to the industry through over-reaching regulations or unintended consequences.

Our Short-Term Rental bill go to the Virginia Housing Commission where we can work with all stakeholders to study the proposals and return to the 2024 General Assembly with recommendations.

The 2023 General Assembly session kicked off Wednesday, January 11 for an odd-year short (46 days) session. Each year our local and state Public Policy Committees review legislative proposals and approve a slate of legislation to proactively push in the General Assembly. This is the Realtors® Statewide Agenda.

A look at economic development, rezoning, and residential and commercial projects happening in Northern Virginia.

Welcome to FIVE FOR FRIDAY: A weekly roundup of Public Policy Issues and Headlines. In this Issue: 1. NAR Urges Mortgage Insurance Premium Reduction and Ending Life of Loan Requirement 2. Metro says Silver Line to Dulles could be ready by Thanksgiving if cars return to service; AND D.C. Metro makes case for federal funding 3. As housing prices soar, a wealthy county rethinks the idea of suburbia; AND Missing Middle debate continues amid dueling rallies at County Board meeting 4. 5 Things To Know About New Running Bamboo Ordinance, Effective Jan. 1 5. Amid climate change pressures, Virginia reexamines septic regulations

NAR’s federal advocacy team worked tirelessly in 2022 to protect the real estate sector and make progress on several priorities. Although not an exhaustive list, check out the victories that REALTORS® can be proud of, including legislative, executive and judiciary branch wins.

A look at economic development, rezoning, and residential and commercial projects happening in Northern Virginia.