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...
The regional median home price was up again in August continuing a streak of 16 straight months of regional home price appreciation. The median sold price settled at $461,500 in August of 2024 compared to $450,000 in August of 2023, representing a nearly 3%...
The regional median home price was up again in July, with most localities seeing increases. The median sold price settled at $473,740 this month compared to $462,450 in July of 2023, representing a more than 2% year-over-year increase. Despite persistent high...
FAAR President Randy Walther sent a letter to the City of Fredericksburg Planning Commission in support of affordable housing efforts. Walther stressed the importance of housing affordability in fostering vibrant, thriving communities. This issue has even more...
The regional median home price was up again in June, with all but one locality in the FAAR footprint seeing increases. The median sold price settled at $474,093 this month compared to $450,000 in June of 2023, representing a more than 5% year-over-year increase. ...
