FAAR receives $4,500 for Orange County Park Project

FAAR will use a $4,500 Placemaking grant from the National Association of Realtors® (NAR) to help transform an unused space in the Town of Orange into a vibrant, public destination for community use and enjoyment.  The grant was designed by NAR to ensure local...

February Sees More of the Same in Local Real Estate Market

February of 2021 saw very similar numbers as January, with increases in sold dollar volume, median price, and units sold.  The market saw a 10% year-over-year increase in median price, going from $316,000 in February of 2020 to $349,950 in February of 2021.  Units...

Regional Housing Market Starts the Year with a Sprint

The new year began the same way it went out:  with so little supply of homes for the raging demand from homebuyers that even houses in the top price points saw multiple offers, a relatively rare occurrence in the in the last 10 years.  January closed out with a total...

Fredericksburg-area Real Estate Market Wraps Up a Sizzling Year

“In a year of uncertainty, one thing was certain:  the housing market was hot,” states 2021 FAAR President Carrie Danko.  “In March, as widespread local shutdowns and quarantines were implemented to curb the pandemic, it seemed that the housing industry should prepare...

How hot can the local real estate market get?

Potential buyers in the Fredericksburg-area housing market are asking themselves, how high can it go?  The market posted another sizzling month with dramatic increases in total sold dollar volume and units sold coupled with plummeting days on market. Sold dollar...

FAAR Installs 2021 Leadership Team

The Fredericksburg Area Association of REALTORS® (FAAR) installed its 2021 Leadership Team in a virtual ceremony on Thursday, December 10, 2020.  Despite the year’s many challenges, the Association under 2020 President Drew Fristoe remained committed to serving the...

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