How about a trip to Richmond??

The 2020 Virginia General Assembly session is just around the corner!  Join FAAR for a day at the State Capitol meeting with legislators, talking about the Realtor legislative agenda, and advocating for the real estate industry.  FAAR will provide transportation from...

FAAR Requests Increase in FHA Loan Limit for King George County

The Fredericksburg Area Association of REALTORS® (FAAR) submitted a request to the Federal Housing Administration (FHA) to increase the FHA loan limit for King George County to bring parity across the regional housing market.  The letter was supported by both King...

Remember mortgage debt forgiveness?? It’s back!

Remember mortgage debt cancellation?  And how it was not extended for 2018?  Well, it was just included in the big spending package for fiscal year 2020 with a retroactive reauthorization for 2018.  If you had clients with a short sale or foreclosure, those folks can...

NAR Real Estate Forecast: Slower Growth, Price Gains to Continue

From the National Association of Realtors Real Estate Forecast Summit on December 11, 2019…. Slower Growth, Price Gains to Continue“Real estate is on firm ground with little chance of price declines,” says NAR’s Chief Economist Lawrence Yun. “However, in order...
Congratulations 2019 Award Winners and 2020 Board of Directors

Congratulations 2019 Award Winners and 2020 Board of Directors

The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Changing of the Guard Installation Dinner on December 12, 2019 at the University of Mary Washington’s University Center.  Incoming President Drew Fristoe and his leadership team were installed...

Cooler Weather Can’t Chill the November Real Estate Market

The real estate market posted a strong November with gains in total volume, median price, and units sold and a decrease in days on market.  Total sold dollar volume increased nearly 24%, going from approximately $120.3 million in November of 2018 to nearly $148.7...

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