News and Resources for the Public
FAAR Holds Annual Awards and Fundraising Event
Fredericksburg, VA—(April 25, 2018) The Fredericksburg Area Association of REALTORS® (FAAR) held its annual Awards Gala on April 18, 2018 at Stevenson Ridge. Approximately 150 members were in attendance for the festivities, which included an...
March Real Estate Market Brings More Gains
Despite cold weather, ice, and snow, buyers and sellers got together in the month of March to produce year-over-year increases in total sold dollar volume, median sold price, and units sold, further contributing to the decline in days on market. Total...
February Real Estate Market Remains Strong
February continued more of the same for the local real estate market with year-over-year increases in total sold dollar volume, median price, and units sold and a decrease in days on market. Total sold dollar volume saw a more than 10% increase from February of 2017...
January Real Estate Market Kicks 2018 Off with a Bang
January kicked off a good start to the year in the local real estate market posting significant gains in total sold dollar volume, median sold price, and units sold. Days on market, which has been continually declining compared to the prior year, decreased...
FAAR Partners with VDOT on Transportation Video
Are your clients concerned about the endless rows of orange construction barrels up and down area roadways? Help them make sense of what is under construction, how it will impact their commute in the short-term, and how it will benefit the community in...
King George Economic Development Update
On Wednesday, January 31, King George County Economic Development Director Ryan Gandy addressed a packed house of Realtors and affiliates at the brand new Holiday Inn Express at Dahlgren. He discussed opportunities and challenges the County is facing and...
FAAR Board of Directors adds transportation to Legislative Package
The FAAR Board of Directors recently voted to amend the 2018 Legislative Package to include transportation infrastructure funding to the State Legislative Positions. FAAR has always maintained a Standing Position on transportation, but moving the item up to State...
December Closes Out a Strong 2017 for Local Real Estate Market
The 2017 real estate market posted a significant increase in total sold dollar volume and modest increases in both median sold price and units sold. The year closed out with a total sold dollar volume of $1,856,321,321 which represents an 11.5% increase over the...
November Posts Modest Gains in Local Real Estate Market
November posted modest gains for the local real estate market with slight increases in total sold dollar volume and median price and decreases in units sold and days on market. Total sold dollar volume increased nearly 3%, coming at $125,014,068. This increase was...
October Healthy for Local Real Estate Market
The weather and the real estate market remained warm in October with gains in total sold dollar volume and a large reduction in days on market compared to October of 2016. An increase in prices buoyed a slight reduction in units sold to keep the market hot well into...
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.