FAAR recently approved a suite of issues that comprise the 2025 Legislative Agenda. These are issues that the Public Policy Committee discusses and motions and then the Board approves that impact the real estate industry. These issues are then submitted up to the...
FAAR has received reports from agents that some property tax payments are seeing delays in being paid by third parties working with mortgage servicers. This can lead to sellers or buyers having to pay the local property taxes for a second time and then receiving a...
The Fredericksburg-area housing market continued to march on with the conditions that have been persistent for a long time now: constrained supply, rising prices, and no end in sight. Median price soared to its highest point ever reaching $474,000 this May compared...
FREDERICKSBURG, VA – June 3, 2024 – The Fredericksburg Area Association of REALTORS® (FAAR) is thrilled to announce our enthusiastic support for the Virginia Association of REALTORS®’ first annual Run For RPAC Virtual 5k. This exciting event will take place from...
You can make a difference! This year has been a significant one, marked by challenges to our industry and a new strategic plan for our association. Leaders have brought fresh perspectives and energy to FAAR. As we continue to build on this momentum, we welcome new...
FAAR recently sent a letter to the Spotsylvania County Board of Supervisors expressing concerns about potential changes to the Annual Exempt Subdivision ordinance. President Randy Walther expressed concerns about reducing the number of allowable lots for annual...