News and Resources for the Public
Prices show no signs of stopping while demand continues to cool
Local Realtors® are feeling the change in the market, but prices do not show any signs of cooling as we head into the fall months. Prices remain high and continue to climb despite moderating sales volumes. Many Realtors® report significant price reductions from...
REALTOR® and Affiliate Members of FAAR Collect Over 18,000 Boxes of Cereal
Every year REALTOR® and Affiliate members of the Fredericksburg Area Association of REALTORS® reach out to their spheres on behalf of the annual FAAR cereal drive. Not only does participation in the drive help our community by providing food for those in need, but...
3rd quarter stats show continued price increases, volume decreases
Prices keep going up while demand for housing cools
The local real estate market continues its march toward moderation as demand continues to fall but prices are still climbing compared to last year. Total sold dollar volume was down more than 23% in September of 2022 going from more than $325.5 million last September...
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Local housing market continues to moderate
The local real estate continues to moderate from its meteoric rise over the last two years. While prices remain high and inventory remains below historical trends, the market continues to slow with double digit decreases in sold volume and units sold and double digit...
Local home sales continue to tumble
The local real estate continues to fall from its meteoric rise over the last two years. While prices remain high and inventory remains below historical trends, the market continues to slow with double digit decreases in sold volume and units sold and double digit...
2022 REALTOR Cereal Drive Returns this October
The REALTOR® Cereal Drive is back!2021 was an epic year for the annual REALTOR® cereal drive. Help us reach the 2022 goal of 18,000 boxes, all of which go to the local area food banks. Use the cereal drive as a way to reconnect with your sphere and look for...
The local housing market continues to cool
The local real estate market in June repeated its performance from May with increasing prices, falling sales volume, and growing available inventory. June closed out the month with a nearly 20% decrease in total sold dollar volume, going from approximately $434...
Has the local housing market reached its peak?
The local real estate market in May showed signs of cooling, with the largest year-over-year decline in units sold since 2017 and the first drop in total sold volume in years. While demand may be abating due to rising interest rates, inflation pressures, and economic...
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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