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...
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...
