July Housing Market is a Scorcher

July proved a hot month for both the weather and the local housing market.  “The July real estate market started with a bang and was hot all month,” states FAAR Board of Director Cindy LeBrun.  Total sold dollar volume increased nearly 18%, coming in at approximately...

FAAR Signals Strong Support for Broadband Deployment

The Fredericksburg Area Association of REALTORS® (FAAR) recently authored a letter of support for a Stafford County grant intended to expand broadband in unserved parts of the County.  2019 FAAR President Drew Fristoe stated, “As 2019 President of the 1,500 member...

May Sees Continued Strength in Local Real Estate Market

May posted strong numbers indicating that the spring selling season is well underway.  Total sold dollar volume increased 15%, settling at approximately $224.5 million in May of this year, compared to $195.2 million in May of 2018.  Units sold increased nearly 9%,...

April Brings Strong Start to the Spring Selling Season

The lackluster first quarter start to the 2019 real estate market gave way to a stronger April, notes FAAR Board of Director Phillip Blake.  “Lower interest rates have helped push buyers off the fence and into the market, with some consumers choosing to purchase a...

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