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...

NEW PRODUCT! Q1 Fred Area Home Sales Report

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...

FAAR Hosts Legislative Reception with Chamber

FAAR and the Chamber hosted a joint legislative reception on Wednesday, April 17 at the 718 Venue in downtown Fredericksburg.  Several legislators were in attendance including Senator Bryce Reeves, Delegate Bob Thomas, Delegate Buddy Fowler, and Delegate Mark Cole. ...

March Sees Increasing Sales, Decreasing Prices

The start of spring usually ushers in the high season for the local real estate market.  March numbers did not disappoint, providing a strong foundation for the market that will hopefully continue into April and beyond.  “The spring market is in full swing,” states...

How Do You Recognize Housing Discrimination?

Under the Fair Housing Act, It is Against the Law to:Refuse to rent to you or sell you housingTell you housing is unavailable when in fact it is availableShow you apartments or homes only in certain neighborhoodsSet different terms, conditions, or privileges for sale...

February Picks Up the Pace in Local Real Estate Market

While February statistics tracked fairly closely to 2018 numbers, pending sales indicate a warming in the local real estate market.  Total sold dollar volume increased 2.4% in February, coming in at $106.4 million compared to nearly $103.9 million in February of...

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