July Housing Market is a Scorcher

July proved a hot month for both the weather and the local housing market.  “The July real estate market started with a bang and was hot all month,” states FAAR Board of Director Cindy LeBrun.  Total sold dollar volume increased nearly 18%, coming in at approximately...

FAAR Partners with NAR in Amicus Brief Supporting AHPs

The Fredericksburg Area Association of Realtors® (FAAR) has agreed to join the National Association of Realtors® (NAR) amicus brief in defense of the Department of Labor’s (DOL) Association Health Plan rule. Amicus briefs are legal documents filed in appellate court...

May Sees Continued Strength in Local Real Estate Market

May posted strong numbers indicating that the spring selling season is well underway.  Total sold dollar volume increased 15%, settling at approximately $224.5 million in May of this year, compared to $195.2 million in May of 2018.  Units sold increased nearly 9%,...

April Brings Strong Start to the Spring Selling Season

The lackluster first quarter start to the 2019 real estate market gave way to a stronger April, notes FAAR Board of Director Phillip Blake.  “Lower interest rates have helped push buyers off the fence and into the market, with some consumers choosing to purchase a...

March Sees Increasing Sales, Decreasing Prices

The start of spring usually ushers in the high season for the local real estate market.  March numbers did not disappoint, providing a strong foundation for the market that will hopefully continue into April and beyond.  “The spring market is in full swing,” states...

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