News and Resources for the Public
REALTORS® aren’t just real estate licensees. REALTORS® go above and beyond by holding themselves to the high standards of the REALTOR® Code of Ethics while providing local area expertise. REALTORS® help their clients navigate risk, avoid pitfalls, and obtain results with integrity, professionalism, and dedication.
Looking for neighborhood information?
Checking out neighborhoods and looking for an easy way to see school, traffic, crime, lifestyle information and more? The Realtor.com map features are a perfect tool to see a variety of data affecting your home search. Try it out at Realtor.com by punching in a zip code and switching to map view or download the iOS or Android App to give it a go!
REALTOR® Cereal Drive returns this October
The REALTOR® Cereal Drive is back!2022 was an amazing year for the annual REALTOR® cereal drive. Help us beat our 2022 numbers and reach the 2023 goal of 20,000 boxes, all of which go to local area food banks! Use the cereal drive as a way to reconnect with your...
Regional Sales Price Keeps Increasing
The regional median home price was up again in July, with all but one locality seeing increases. The median sold price settled at $462,450 this month compared to $438,200 in July of 2022, representing a nearly 6% year-over-year increase. Units sold were down 20%,...
Regional Housing Market Holds Steady as Summer Season Kicks Off
The regional median home price was up again in June, with all but one locality seeing increases. The median sold price settled at $450,000 this month compared to $441,000 in June of 2022, representing a 2% year-over-year increase. Units sold were down 16%, coming in...
Realtor® Survey Shows Strong Demand for Housing in Walkable Communities
Research produced by the National Association of Realtors® shows a persistent demand for walkable communities, including the following findings: When asked if deciding today where to live: 79% said being within an easy walk of other places and things, such as shops...
Median home price swings back up in May
The regional median home price was up in May, but individual localities saw wins and losses in the price department. The median sold price settled at $454,950 this month compared to $436,000 in May of 2022, representing a 4% year-over-year increase. Units sold were...
Are you taking advantage of all Bright has to offer?
Are you taking advantage of all Bright has to offer? Recently, Bright added tools and features to help you provide even more value to your clients through your MLS subscription. Stand out from the competition and win new clients. Make the most of your MLS subscription...
Is the local real estate market turning a corner?
Could the region finally see a stop to ever increasing home prices? April statistics show that it’s possible the tide is turning and that prices will finally cool after months of plummeting demand and high interest rates. April of 2023 saw prices dip across the...
Bright MLS offers on-the-go Solutions
In the fast-paced world of real estate, you need smart mobile solutions to keep you plugged into your business. Bright MLS answers the call for convenient on-the-go tools with a growing selection of mobile options. In May we're going to offer brand-new mobile...
Loan Level Price Adjustments (LLPAs) Digest
There has been a lot of buzz about the loan level price adjustments (LLPAs) that go into effect in May 1 per the GSEs. Below are some linked articles on this topic going back to 4/26/2023. Links will be updated as more information becomes available. NAR: FHFA Heard...
More of the Same in March for Local Real Estate Market
FOR IMMEDIATE RELEASEContact: Carol Sondrini 540-373-7711news@faarmembers.com More of the Same in March for Local Real Estate MarketHigh prices, falling demand continue Fredericksburg, VA – (April 17, 2023) – The following analysis of the Fredericksburg, Virginia...
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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