News and Resources for the Public
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Local Real Estate Market Rebounds Slightly in October
The October real estate market posted increases in total sold dollar volume and median price, while units sold came in at the same amount as 2017. Total sold dollar volume increased from $128.8 million in October of 2017 to $138 million in October of 2018,...
FAAR Adds Orange County to its Jurisdiction
The Fredericksburg Area Association of REALTORS® (FAAR) added Orange County to its jurisdiction. The County was previously assigned to Greater Piedmont REALTORS® (GPR). A majority of agents who live and/or work in Orange County are already members of FAAR...
2018 REALTOR® Cereal Drive Results
We still have cereal pouring in but give yourself a huge pat on the back if you participated this year! We're estimating the final total to be around 15,000 boxes all going to local area food banks and residents in need. Who won? Affiliate collecting the most Boxes...
Realtor® Advocacy: Helping you find a home and get back there after work!
Realtors® know that finding a property to call home is one of the most important decisions in someone's life. Whether it's renting an apartment close to mass transit or buying a single family home with space in the country, finding the right place makes all the...
September Posts Disappointing Total Volume Numbers
September posted disappointing year-over-year decreases in total sold dollar volume and units sold while posting a median price increase, indicating that the local real estate market may be slowing down heading into the cooler months. Total sold dollar...
August Sees More of the Same in Local Real Estate Market
“The summer housing market finished strong with a healthy housing market for the Fredericksburg area,” stated FAAR Board of Director Pam Kuper. “Area median sales prices increased anywhere from 2% to 5% while days on market continued to decrease compared...
Make Spotsylvania a destination, not just a bedroom community….
That was one of the main messages from Spotsylvania Deputy County Administrator Mark Cole during a recent event with FAAR members at Strangeways Brewing. Mr. Cole stressed that economic development, especially business development, is a prime focus of the...
July Posts Modest Gains in Local Real Estate Market
Rain continued to be the story of our region throughout July with severe weather potentially impacting the pace of home sales. “July was a challenging month,” states FAAR Board Member Mark Geslock. “The rains slowed open houses and some showings were...
House Passes NFIP Extension, Senate needs to take action
The U.S. House of Representatives recently passed a bill that includes a 4-month extension of the National Flood Insurance Program. The program will continue without any changes to how it operates and will be set to expire again on November 30. We will...
2019 Dues Announcement
Dues Announcement: 2019 Dues for REALTORS® will be open for payment August 1st. Pay by September 30th to avoid the $25 late fee. What if I miss the September 30th dues deadline? Submit your dues payment and late fee by December 31st to keep your...
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.