The local real estate market in May continued to post higher rates of inventory than in the past, but also posted the highest median price ever on record. May saw the month close out with a chart-topping median price of $489,900 compared to $474,000 a year ago, a...
During the 2025 National Association of REALTORS® Legislative Meetings, five members of FAAR met with Virginia’s 7th District Representative, Eugene Vindman, in Washington, D.C., to advocate for policies that will increase the housing supply and improve access...
Step Up. Lead Forward. Make an Impact. FAAR is now accepting applications for the 2026 Board of Directors. This is your chance to help guide the future of your association—your professional home away from home. In a time of industry change and new opportunities, FAAR...
The local real estate market continued to see rising prices against a backdrop of expanding inventory and fewer sales than a year ago. The median price for April increased nearly 3%, going from $450,000 last April to $462,000 this year. While prices continued to...
The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Awards Banquet on April 16, 2025, at Dominion Raceway in Spotsylvania County. This event brings together industry leaders to honor the personal and professional achievements of its members. The...
The Board of Directors elected Michelle Caldwell Thompson to serve as a Director when another Director needed to step down from the position. Michelle is the broker/owner of CTI Real Estate. Michelle brings a wide breadth of expertise including significant volunteer...
