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...
The regional median home price was up year-over-year for the 18th month in a row this October, though at a lower percentage than many previous months. The median sold price settled at $455,000 in October of 2024 compared to $440,000 in October of 2023, representing a...
Stafford County is currently considering a change to its current Transportation Impact Fee of $2,999. FAAR is concerned that the exorbitant fee will further impact housing affordability in the County and place an undue burden on purchasers of new home construction....
FAAR recently sent a letter to Virginia Housing, the agency that administers the Section 8 Housing Choice Voucher program in our region, expressing concerns about the new NSPIRE property inspection guidelines that HUD has issued for any properties being rented through...
The regional median home price was up yet again in September continuing a streak of 17 straight months of regional home price appreciation. The median sold price settled at $472,000 in September of 2024 compared to $435,000 in September of 2023, representing a nearly...
