News and Resources for the Public
Real Estate Continues to Roll Through May
The real estate market continued to post unprecedented numbers as spring marches on with significant increases in total sold dollar volume, median price, and units sold. While the percentage increases year-over-year are staggering, the gains are moderated by the fact...
Check out the Rt. 1 corridor study!
Do you love all the roundabouts popping up around our region? Maybe you hate them and dread driving into one? Well, make your voice heard on the potential for future projects like that! VDOT has completed a Rt. 1 corridor study which lays out potential projects and...
Masks no longer required in the FAAR office
Per updated CDC and Commonwealth of Virginia guidance, FAAR will no longer be requiring masks for vaccinated individuals. Members are welcome to continue wearing a mask at their discretion. The FAAR staff is fully vaccinated and eager to see smiling faces again! All...
April Sees More Real Estate Market Acceleration
Despite rising interest rates and dwindling supply, the real estate market continued its acceleration with increasing total sold volume, median price, and units sold and decreasing days on market and available inventory. Total sold dollar volume was up over 35% in...
Virginia’s Commercial Real Estate Market Resilient Amid COVID-19
From the Virginia Realtors®... Richmond, VA – According to the Q1 2021 Commercial Market Report released by Virginia REALTORS®, the commercial real estate market in Virginia has been surprisingly resilient, despite concerns about a serious downturn as a result of the...
One Year into the Pandemic and Real Estate is Still Flying High
Despite a dip in pending sales in February, March proved another very strong month in the local real estate market. The month closed out with a more than 25% increase in total sold dollar volume, going from approximately $204.5 million in March of 2020, t0 more than...
Interesting Factoids from NAR’s 2020 Member Profile
compiled from 2019 and 2020 information... Business Characteristics of REALTORS® 65% hold sales agent licenses, 22% broker licenses, 15% broker associates73% specialize in residential salesThe typical member has 9 years’ experience, 17% with less than a year...
2021 Affiliate Directory: Connecting REALTORS® and Affiliates
Browse the Directory Flip through to see all of FAAR's affiliate members organized A to Z by company and also by service in the annual directory. Not only will this guide you to some of the best companies in the local area, but the directory also contains committee...
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...
A humble thank you to the women who have impacted their world and influenced mine
Pat Breme, RCE, CIPSChief Executive Officer To honor Women’s History Month, I offer these reflections. Over a lifetime you meet people who influence your values and viewpoints and often shape your choices. I graduated from college in 1968 when women’s rights were the...
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.
