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!
Real estate prices continue to rise while demand craters
January 2023 saw demand crater compared to the highs of early 2022, but prices continued to rise with sizable jumps in nearly every locality. Units sold is the big story for this past month with more than 35% fewer homes changing hands than last year. January 2022...
Short-term rentals sent to Housing Commission for further study
Over the past two weeks, the Virginia Realtors® short-term rental bill which would have exempted Realtor®-managed properties from enforcement of certain short-term rental provisions in local ordinances, has received many requests for amendments to the bill. While...
2022 Real Estate Market Closes with High Prices, Declining Sales
2022 was a tumultuous year for the local real estate market with a fiery start to the year that began to moderate about halfway through due to rising interest rates and continued supply challenges. “The housing market always fluctuates. We had an intense seller’s...
November Housing Market Sees Plummeting Sales
The Fredericksburg regional housing market continues to show signs of a softening market, but prices remain stubbornly high in many jurisdictions. Total sold dollar volume took a staggering 37% drop this November coming in at approximately $193.5 million compared to...
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...
Want to know your climate risk?
Want to know your climate risk? A new tool can help you and your clients assess risk and better plan for the future. Climate Mapping for Resilience and Adaptation (CMRA) integrates information from across the federal government to help people consider their local...
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...
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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