News and Resources for the Public
REALTORS® aren’t just real estate licensees. REALTORS® go above and beyond by holding themselves to the high standards of the REALTOR® Code of Ethics while providing local area expertise. REALTORS® help their clients navigate risk, avoid pitfalls, and obtain results with integrity, professionalism, and dedication.
Looking for neighborhood information?
Checking out neighborhoods and looking for an easy way to see school, traffic, crime, lifestyle information and more? The Realtor.com map features are a perfect tool to see a variety of data affecting your home search. Try it out at Realtor.com by punching in a zip code and switching to map view or download the iOS or Android App to give it a go!
FAAR Technology & Communications Committee Presents an Electronics Recycling Drive: Make a Difference with Tech for Troops!
Mark your calendars for an exciting opportunity to give back and help the environment and Veterans! On Wednesday, November 13, from 11 AM to 2 PM, the FAAR Technology & Communications Committee is hosting an Electronics Recycling Drive at the FAAR office in...
Home Price Appreciation Continues Amid Normalizing Market Conditions
The regional median home price was up again in August continuing a streak of 16 straight months of regional home price appreciation. The median sold price settled at $461,500 in August of 2024 compared to $450,000 in August of 2023, representing a nearly 3%...
No End In Sight to Continued Price Increases
The regional median home price was up again in July, with most localities seeing increases. The median sold price settled at $473,740 this month compared to $462,450 in July of 2023, representing a more than 2% year-over-year increase. Despite persistent high...
Regional Home Sales Price Keeps Increasing
The regional median home price was up again in June, with all but one locality in the FAAR footprint seeing increases. The median sold price settled at $474,093 this month compared to $450,000 in June of 2023, representing a more than 5% year-over-year increase. ...
Local home prices continue to accelerate amid supply shortfall
The Fredericksburg-area housing market continued to march on with the conditions that have been persistent for a long time now: constrained supply, rising prices, and no end in sight. Median price soared to its highest point ever reaching $474,000 this May compared...
FAAR Sends Letter to Spotsylvania County on changes to subdivision ordinance
FAAR recently sent a letter to the Spotsylvania County Board of Supervisors expressing concerns about potential changes to the Annual Exempt Subdivision ordinance. President Randy Walther expressed concerns about reducing the number of allowable lots for annual...
Local Housing Market Posts Large Increases in Units Sold
The spring housing market is off to a swift start with April numbers posting considerable increases in units sold and total sold dollar volume coupled with modest price appreciation compared to April of 2023. Median home prices were up 3% from last year, settling at...
Celebrating Success: FAAR’s 2024 Awards Dinner and Celebration Shines a Spotlight on Real Estate Excellence
(April 25, 2024) The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Awards event on April 17th, 2024 at the Woolen Mill, bringing together industry leaders to honor the personal and professional achievements of its members. The event highlighted...
Understanding and Protecting Against Spoofed Emails
In recent times, the frequency of spoofed emails designed to scam recipients has risen sharply. These emails often appear legitimate but are actually from fraudsters aiming to steal personal information. It's crucial to stay vigilant and recognize these phishing...
Price Increases Continue to Frustrate Local Buyers
The local housing market showed surprising price growth in March despite persistent year-over-year demand decreases. Median price was up nearly 8% year-over-year coming in at $449,949 this March compared to $420,000 last year. Total sold volume remained static from...
The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
See firsthand what first-timers face, and how relying on a REALTOR®‘s expertise helps them prepare for the unexpected and make sure this milestone decision is made with confidence.
