Fredericksburg’s real estate market posted gains in total sold dollar volume and median price last year, but saw a slight reduction in units sold. The year closed out with a total sold dollar volume of $1.925 billion, which represents a 3.7 percent increase over the...
FAAR is a trade association representing more than 1,500 members and 80 affiliates. The Fredericksburg Area Association of Realtors elected its 2019 Board of Directors at the FAAR Expo on Sept. 12. Read more >>
Number of age-restricted homes at Celebrate Virginia North in Stafford would nearly double under new development proposal in South Stafford. Read more >>
According to a report by Long & Foster Real Estate, the number of homes on the market continued to decline in May in the midst of a strong spring home-selling climate while median sale prices rose across the Fredericksburg region. Read more >>
The Census Bureau’s annual county and metropolitan area estimates through 2017 reveal a revival of suburbanization and movement to rural areas. Read more >>
Home affordability has become increasingly challenging for a growing number of would-be buyers due to the recent jump in mortgage rates. Mortgage rates have risen steadily in January and February, marking the eighth straight week that it cost more to borrow to buy a...