FAAR has sent a letter expressing concerns about the advertised tax rate in Stafford County. The proposed tax rate would increase the real estate tax from the current 0.85 per $100 of assessed value to $1.145 and would add a 0.03 fire levy for a total of $1.175. ...
NAR is a founding member of the recently formed Housing Solutions Coalition to address the sharp rise in rent control policies and the constraints that housing supply is facing, leading to high prices and many families and individuals feeling squeezed out of their...
The U.S. Fish and Wildlife Service has named the Northern long-eared bat to the endangered species list. This means that the bat now has the full protections of the Endangered Species Act (ESA) which includes protecting critical habitat. That includes restrictions...
Stafford County has set an advertised tax rate of 1.175 for the upcoming fiscal year, a whopping 32-cent increase from current levels. This number includes a nearly 30-cent increase in the real estate tax from the current rate of 0.85 per $100 of assessed value to...
On Wednesday, March 22, 2023, FAAR sent a letter of concern to the Supervisors and Planning Commissioners of King George County regarding their proposed short-term rental ordinance. The proposal includes a principal residence requirement for short-term rentals and...
February 2023 saw more of the same in the local real estate market with falling demand, rising prices, and increasing days on market. Total sold dollar volume was down 20% coming in at approximately $158.7 million compared to nearly $200 million in February of 2022. ...
