August Sees More of the Same in Local Real Estate Market

“The summer housing market finished strong with a healthy housing market for the Fredericksburg area,” stated FAAR Board of Director Pam Kuper.  “Area median sales prices increased anywhere from 2% to 5% while days on market continued to decrease compared to the same...

July Posts Modest Gains in Local Real Estate Market

Rain continued to be the story of our region throughout July with severe weather potentially impacting the pace of home sales.  “July was a challenging month,” states FAAR Board Member Mark Geslock.  “The rains slowed open houses and some showings were postponed or...

June Posts Flat Numbers Compared to Last Year

The inventory shortage that continues to plague the Fredericksburg region may be partly to blame for the flat June numbers in the real estate market.  The significant rainfall that occurred over a few weekends may also have put a damper on activity according to FAAR...
New and Revised NVAR Forms for July 1, 2018

New and Revised NVAR Forms for July 1, 2018

  NVAR Standard Forms Changes: Effective July 1, 2018 By Matthew L. Troiani, Esq.   The NVAR Board of Directors has approved the following new forms and forms changes, as proposed by NVAR’s Standard Forms Committee. Click on the title to download the form or...

May Sees Impact from Inventory Shortage

Fredericksburg, VA – (June 14, 2018) – The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of brightMLS multiple listing data. The inventory shortage that...

What is the future of housing affordability in our region?

The Partnership for Housing Affordability, a non-profit associated with the Richmond Association of Realtors, hosted a forum on single-family housing affordability sponsored by SunTrust Mortgage.  The forum focused on the current trends in the sale and development of...

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