Clients having trouble getting taxes paid out of escrow?

FAAR has received reports from agents that some property tax payments are seeing delays in being paid by third parties working with mortgage servicers.  This can lead to sellers or buyers having to pay the local property taxes for a second time and then receiving a...

Local home prices continue to accelerate amid supply shortfall

The Fredericksburg-area housing market continued to march on with the conditions that have been persistent for a long time now:  constrained supply, rising prices, and no end in sight.  Median price soared to its highest point ever reaching $474,000 this May compared...
Apply for the 2025 FAAR Board of Directors

Apply for the 2025 FAAR Board of Directors

You can make a difference! This year has been a significant one, marked by challenges to our industry and a new strategic plan for our association. Leaders have brought fresh perspectives and energy to FAAR. As we continue to build on this momentum, we welcome new...

Local Housing Market Posts Large Increases in Units Sold

The spring housing market is off to a swift start with April numbers posting considerable increases in units sold and total sold dollar volume coupled with modest price appreciation compared to April of 2023.  Median home prices were up 3% from last year, settling at...

Virginia General Assembly Wrap-Up

The Virginia REALTORS® Government Relations Team worked hard this year advocating for you, your clients, AND your business. Virginia REALTORS® has created a visual resource summarizing the many efforts this team made on behalf of your business during the Virginia...

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