Local Real Estate Market Remains Strong in October

The October real estate market posted a large increase in sold volume fueled by double digit rise in number of units sold.  Total sold dollar volume increased from $138 million in October of 2018 to $178.1 million in October of 2019, representing a 29% year-over-year...

Median house price up $20K across Fred region

The local economy remained healthy throughout the 3rd quarter of 2019.  Unemployment remains very low along with interest rates with no indication of either situation changing in the near future.  Sales continued to grow throughout the FAAR footprint, with 5% more...

FAAR Cereal Drive Success

Each year, the Fredericksburg Area Association of Realtors® (FAAR) collects cereal to donate to area food banks. This year, FAAR members collected over 17,000 boxes of cereal. FAAR would like to recognize the members and volunteers who worked so hard to collect so...

Summer Isn’t Over in the Real Estate Market

September proved another active month in the local real estate market with double digit increases in total sold dollar volume and units sold and a modest increase in median price compared to last September.  Total sold dollar volume came in at approximately $184.5...

August Market Continues to Sizzle

The summer market continued to sizzle with an active August that posted gains in total volume, median price, and units sold with a large decrease in days on market.  Total sold dollar volume increased nearly 13%, going from approximately $191.2 million in August of...

FAAR Announces Endorsements for 2019 Local Elections

The Fredericksburg Area Association of REALTORS® (FAAR) announces endorsements for local Board of Supervisors and Commissioner of the Revenue races on the ballot for the November 5 general election.  The endorsed candidates represent areas throughout FAAR’s service...

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