VAR Chief Economist Checks Her Crystal Ball for FAAR

Despite the fears of many that the real estate industry would see swift and severe impacts from COVID-19, the last three months all posted strong numbers by any account, but especially in this time of upheaval.  March saw sold dollar volume up 30%, units sold up 20%,...

Real Estate Market Holds Steady in Wake of Continued Pandemic Impact

Numbers hold steady, but inventory challenges hamper sales The big story coming out of May real estate numbers is the dire situation the market is facing in terms of seriously constricted supply.  At the end of May, there were just 964 homes on the market for buyers...
A Statement from the FAAR President and FAAR CEO

A Statement from the FAAR President and FAAR CEO

REALTORS® are passionate about helping people find a home.  A safe place free from discrimination, fear, and pain. As we become more accepting of our differences, FAAR is committed to supporting our members and the community by renewing its focus on promoting Fair...

How happy are area residents? Very happy!

FAAR Releases 2020 Fredericksburg Area Smart Growth Survey In early 2020, FAAR contracted with the National Association of Realtors® to conduct a survey on growth and development attitudes in the Fredericksburg region.  The survey was conducted by the firm American...

Local Real Estate Market Surges Despite Significant Restrictions

While continued governmental restrictions shutter businesses and completely change the way Americans operate in their day-to-day lives, the local real estate market bucked national trends and posted increases in volume, sold price, and units sold.  While national news...

FAAR Releases 2020 1st Quarter Home Sales Report

How things have changed from January and February!  COVID-19 crashed into our market in mid-March and virtually ground life as we know it to a halt, so how did that impact the local real estate industry?  The first quarter of 2020 was strong, with increasing volume...

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