“The Fredericksburg area real estate market in 2024 was marked by constrained inventory, making it a challenging year for buyers and sellers alike,” comments 2025 FAAR President Lauren Smith. “Buyers faced intense competition, rising interest rates, and affordability...
In 2024, FAAR received a $30,000 National Association of REALTORS® Consumer Advocacy Outreach Program grant to conduct a public awareness campaign on the importance of housing affordability. The campaign included a landing page showcasing local market data and...
Starting in 2025, the National Association of REALTORS® (NAR) requires all REALTOR® members to complete two hours of fair housing training every three years as a condition of REALTOR® membership. This new requirement aligns with the existing Code of Ethics training...
The Fredericksburg Area Association of REALTORS® (FAAR) celebrated the installation of its 2025 Board of Directors at Stevenson Ridge on December 5, 2024. Under the leadership of 2024 President Randy Walther, the Association served more than 1,700 REALTORS® throughout...
As 2024 draws to a close, the Fredericksburg regional housing market saw big increases in median price and units sold, while active listings continue to slowly expand. Total sold dollar volume increased a whopping 46% in November, coming in at approximately $244...
The City of Fredericksburg is hosting a public hearing and potential final vote on the affordable housing project, Jeremiah Community, proposed by Micah Ecumenical Ministries. Micah Ministries is looking to build 100+ affordable units off Fall Hill Avenue and the...
