FAAR Hosts Meeting on Opportunity Zones

On Thursday, November 14, 2019, FAAR hosted a meeting on Qualified Opportunity Zones (QOZ) at the Germanna Community College Center for Advanced Technology.  So what are Opportunity Zones and why should Realtors® care about them?  Great question!  Opportunity Zones...

NAR Releases 2019 Profile of Home Buyers and Sellers

NAR has just released its 2019 Profile of Home Buyers and Sellers.  So why should you check it out?  Because it’s chock full of great information like this…. 20% of recent home buyers were veterans 29% of buyers primary reason for purchasing a home was the...

Local Real Estate Market Remains Strong in October

The October real estate market posted a large increase in sold volume fueled by double digit rise in number of units sold.  Total sold dollar volume increased from $138 million in October of 2018 to $178.1 million in October of 2019, representing a 29% year-over-year...

Median house price up $20K across Fred region

The local economy remained healthy throughout the 3rd quarter of 2019.  Unemployment remains very low along with interest rates with no indication of either situation changing in the near future.  Sales continued to grow throughout the FAAR footprint, with 5% more...

FAAR Cereal Drive Success

Each year, the Fredericksburg Area Association of Realtors® (FAAR) collects cereal to donate to area food banks. This year, FAAR members collected over 17,000 boxes of cereal. FAAR would like to recognize the members and volunteers who worked so hard to collect so...

FAAR Members, get out and VOTE!

November 5th is Election Day in Virginia and it’s less than 2 weeks away!  Your vote is important and truly does make a difference.  In 2017, one of the seats on the ballot was decided by just 84 votes so plan to get out there and make your voice heard!  Not...

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