Virginia RealEstateRama

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).

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

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

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.

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 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

Ranking Member Bobby Scott (VA-03) released the following statement to workers today in recognition of Labor Day, which is Monday, September 5th: “Labor Day is a time to recognize the incredible achievements of hardworking Americans. It is also a time to acknowledge that far too many people are working harder than ever, but still struggling to make ends meet. America has made significant strides toward economic recovery, with 77 consecutive months of uninterrupted private sector job growth.

Five California men have been sentenced for their roles in a nationwide home loan modification scam that victimized over 400 homeowners and families, resulting in a total loss of over $3.8 million.

The Fredericksburg REALTORS® Foundation is hosting a charity golf tournament to raise funds to support local housing non-profits. The Foundation has raised tens of thousands of dollars since its creation in 1990 that have helped individuals and families secure and retain quality, affordable housing throughout the Fredericksburg area.

The Virginia Association of REALTORS® (VAR) is a leader in community impact throughout our state and even in other states affected by housing crisis as a result of natural disaster or other adversity. Recently, VAR offered a gift of $2,500 to the Louisiana Association of REALTORS® relief foundation to support recovery efforts for members and residents who have suffered from the recent flood crisis