2022 REALTOR Cereal Drive Returns this October

2022 REALTOR Cereal Drive Returns this October

The REALTOR® Cereal Drive is back! 2021 was an epic year for the annual REALTOR® cereal drive. Help us reach the 2022 goal of 18,000 boxes, all of which go to the local area food banks. Use the cereal drive as a way to reconnect with your sphere and look for...

The local housing market continues to cool

The local real estate market in June repeated its performance from May with increasing prices, falling sales volume, and growing available inventory.  June closed out the month with a nearly 20% decrease in total sold dollar volume, going from approximately $434...

Has the local housing market reached its peak?

The local real estate market in May showed signs of cooling, with the largest year-over-year decline in units sold since 2017 and the first drop in total sold volume in years.  While demand may be abating due to rising interest rates, inflation pressures, and economic...

FAAR on TownTalk

FAAR President Deb Ellis and Public Policy Director Kim McClellan were on 1230 WFVA’s TownTalk with Ted Schubel talking about the local real estate market.  The wide-ranging conversation covered the current market status, factors that led us to this point, and...

Regional home prices continue to soar in April

The local real estate market broke more records in April of 2022 with the regional median sales price and two jurisdictions seeing all-time highs.  The month closed out with a nearly 18% increase in total sold dollar volume, going from approximately $288 million in...

Regional Home Prices Continue their Meteoric Rise

Despite rising interest rates and continued stiff competition, March proved another very strong month in the local real estate market.  The month closed out with a nearly 13% increase in total sold dollar volume, going from approximately $256.6 million in March of...

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