News and Resources for the Public
2022 Board of Directors Election Results
2022 FAAR Board of Directors announced Election Results 2022 Leadership Electronic balloting began August 17, ended September 15 at noon Results were announced at a general membership meeting after the virtual education originally scheduled for the FAAR trade show. ...
Fredericksburg-Area Real Estate Market Continues to Normalize
While it’s not a buyer’s market yet, the Fredericksburg-area housing market continues to show indications of normalizing. August still posted very robust market numbers, but that is tempered by rising supply and slight reductions in future demand. Sold dollar volume...
Technology Committee investigates Broadband Coverage and Developments in Fredericksburg Area
Broadband coverage has become increasingly important for area residents. The FAAR Technology committee has been hard at work interviewing the various jurisdictions on current broadband progress. There is no simple solution or easy answer to say when areas will have...
Local Real Estate Market Appears to be Normalizing
The frenetic real estate market of the last 14 months seems to show signs of slowing down just a bit. “Maybe it was the hazy, hot and humid days or the influx of sellers hoping to capture the "hot" market, or maybe it was buyers who decided this sellers’ market...
Read the FAARside newsletter for real estate updates and more!
Your copy of the August Newsletter, the FAARside is here! Crack open a copy for updates on local real estate and so much more! Inside you will find Farewell message from retiring CEO, Pat Breme 2022 Leadership candidate bios Message from the 2021 FAAR President,...
Summer Selling Season is in Full Swing
The summer selling season is in full swing in the Fredericksburg area with June real estate statistics blowing the record-breaking 2020 out of the water. Total sold dollar volume increased by 29% fueled by a more than 17% rise in median sold price and a more than 10%...
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...
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.
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