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!
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...
FAAR Sends Letters on Stafford County Tax Rate and Caroline County FHA Loan Limits
FAAR has sent a letter expressing concerns about the advertised tax rate in Stafford County. The proposed tax rate would increase the real estate tax from the current 0.85 per $100 of assessed value to $1.145 and would add a 0.03 fire levy for a total of $1.175. ...
NAR Founding Member of the Housing Solutions Coalition
NAR is a founding member of the recently formed Housing Solutions Coalition to address the sharp rise in rent control policies and the constraints that housing supply is facing, leading to high prices and many families and individuals feeling squeezed out of their...
Stafford County eyeing historic tax increase
Stafford County has set an advertised tax rate of 1.175 for the upcoming fiscal year, a whopping 32-cent increase from current levels. This number includes a nearly 30-cent increase in the real estate tax from the current rate of 0.85 per $100 of assessed value to...
Real estate market demand continues to cool
February 2023 saw more of the same in the local real estate market with falling demand, rising prices, and increasing days on market. Total sold dollar volume was down 20% coming in at approximately $158.7 million compared to nearly $200 million in February of 2022. ...
2023 Spring FAARside Newsletter now available
Your copy of FAAR's Spring Newsletter, the FAARside is here! Crack open a copy to learn about what's going on at the Association including a letter from the President, a letter from the CEO, general assembly update, and more! This edition of the publication includes...
FRAUD ALERT: Vacant lots targeted for scams
Beware of a land scam that is seeing an uptick in recent months. FAAR members report several cases of potential land sales fraud and the story goes like this: An out-of-area seller wants to list a parcel of vacant land for well-below market value. The seller will not...
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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