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...
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...
June posted strong numbers despite a double-digit sales reduction in market leader, Stafford County. Total sold dollar volume increased 5.8%, settling at approximately $236.8 million in June of this year, compared to $223.9 million in June of 2018. Units sold...
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%,...
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...
FAAR is debuting an exciting new product this quarter…our very first Virginia Home Sales report specifically for the Fredericksburg region! Compiled by the new Chief Economist at the Virginia Realtors®, Dr. Lisa Sturtevant, this report is packed with...
