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Fredericksburg Area Association of REALTORS® Hosts Annual Cereal Drive

The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Cereal Drive to benefit the Fredericksburg Regional Food Bank and other food pantries throughout the area. 2016 proved a record-breaking year with FAAR members collecting 14,248 boxes of cereal.

Arlington Considering Options for Buck Property, Other Parcels

A year before completing its purchase of the  6.1-acre Buck property on N. Quincy Street, Arlington County is beginning to explore options for how this and other sites may be used to help meet critical County and Schools facility needs. The County has until November 20, 2017 to exercise an option to purchase the property

Virginia buyers and sellers benefit from strong and stable third quarter housing market

The Virginia residential real estate market continued year-over-year and long term improvement according to the Third Quarter 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR). Both the total number of sales and the value of transactions rose from the same period last year, to 32,949 units and $10.821 billion, respectively

Alexandria 2016 Second Half Real Estate Tax Bills Mailed

The City of Alexandria has mailed bills for the second half 2016 real estate tax and refuse fee to all property owners and/or mortgage companies. The 2016 real estate tax rate is $1.073 per $100 of assessed value, and the annual refuse fee is $363

September Brings More of the Same for the Local Real Estate Market

The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of MRIS multiple listing data provided through RealEstate Business Intelligence, LLC (RBI).

Arlington Celebrates Affordable Housing Month

October is Affordable Housing Month in Arlington, a month-long celebration of the County’s long-term commitment to preserving and creating housing opportunities that benefit the whole community

Arlington County Board Moves to Preserve 68 Affordable Westover Units

The Arlington County Board today moved to preserve 68 affordable apartments in the Westover neighborhood, approving a $10.9 million Affordable Housing Investment Fund allocation to the non-profit Arlington Partnership for Affordable Housing (APAH). The loan and associated documents will be considered by the Board in December

Griffith Announces Emory & Henry to Receive $51 Million in USDA Funding for Campus...

Congressman Morgan Griffith (R-VA) today announced that Emory & Henry College has been approved for a $46 million low-interest direct loan and a $5 million guaranteed third-party loan by U.S. Department of Agriculture (USDA) Rural Development, allowing the school to fund campus improvement projects including the development of new apartment-style residence halls for upper class students.

August Continues Trends of Increasing Sales, Decreasing Inventory

The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of MRIS multiple listing data provided through RealEstate Business Intelligence, LLC (RBI)

Governor McAuliffe Releases Virginia’s Housing Industry Economic Impact Study

Governor McAuliffe announced today the release of a new study measuring the economic impact of Virginia’s housing industry. The study found that Virginia’s housing industry generated $47.8 billion in economic activity in 2015, with $21.8 billion in direct output, making it the sixth largest private sector industry in Virginia by direct output

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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Virginia Residential Real Estate Market Ended 2016 with Impressive Strength

The Virginia residential real estate market eclipsed prior year performance and approached nearly $38 billion in sales, according to the Fourth Quarter 2016 Home Sales Report released by the Virginia REALTORS® association. Key measures, including the total number of sales, value of all transactions, and median sales price, rose from their 2015 benchmarks.