Prices continue to rise despite falling demand in housing market

The regional median home price was up again in October, despite shrinking demand heading into the winter season.  The median sold price settled at $440,000 this month compared to $425,000 in October of 2022, representing a nearly 4% year-over-year increase.  Units...
2023 Cereal Drive Results

2023 Cereal Drive Results

REALTORS® and Affiliates members did a tremendous job of seeking out cereal this year! Members and friends ended up collecting 18,639 boxes of shelf-stable food for our community. Who won? Affiliate collecting the most boxes Nationwide Mortgage Bankers – 400...

Inventory Low, Prices High in the Local Housing Market

The weather might be cooling off, but local home prices certainly are not.  The region’s median sold price was up nearly 4% in September coming in at $435,000 compared to $420,000 last September.  Volume of sales continues its downward trend posting a nearly 17%...
Volunteer with FAAR and the Food Bank on October 7, 2023

Volunteer with FAAR and the Food Bank on October 7, 2023

Community Service Committee Volunteer Opportunity The Community Service Committee has scheduled a volunteer opportunity for 10 volunteers with the Fredericksburg Regional Food Bank for Saturday, October 7th from 8:45 AM to noon to pack food boxes for seniors. Signing...

FAAR Endorses Candidates for Public Office

The Fredericksburg Area Association of REALTORS® (FAAR) announces endorsements for local Board of Supervisors and City Council races on the ballot for the November 7th general election.  The endorsed candidates represent areas throughout FAAR’s service territory...

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