Meet FAAR’s endorsed candidates for the November 4 election!

Each election cycle, members of FAAR’s Public Policy Committee invite candidates for local public office in for an interview to both get to know that candidate and to evaluate them for potential endorsement.  An endorsement typically involves a financial...

Prices up again in August as pace of sales continues to slow

The local real estate market continued to see rising prices against a backdrop of expanding inventory and fewer sales than a year ago.  The median price for August increased more than 5%, going from $461,500 last August to $485,750 this year.  While prices continued...

Area median home price sets record in July

The regional median home price was up again in July, despite anecdotal information from area Realtors® that they are seeing a slower pace of sales.  The median home price for July came in at a record setting $490,000, up 3% year-over-year compared to $473,740 last...

Regional home prices tick up again

The regional median home price was up again in June, with all but two localities in the FAAR footprint seeing increases.  The median sold price settled at $480,000 this month compared to $474,093 in June of 2024, representing a 1% year-over-year increase.  Units sold...

FAAR Submits 2026 Legislative Proposals

The Fredericksburg Area Association of Realtors® (FAAR) Public Policy Committee, with approval of the FAAR Board of Directors, has submitted two important legislative issues to the Virginia Realtors® for potential inclusion in the 2026 statewide Realtor® agenda.  The...

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