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Fredericksburg region s real estate market sizzles for sellers, but frustrates buyers

Buying their first house in today’s hot real estate market has been a frustrating experience for Rachel Davis and Wesley Sprouse. The couple decided last September they wanted to stop renting and move from Springfield to the Fredericksburg area in the spring. “We realized our lease would be up soon, and we wanted a house and a yard to call our own,” said Davis, who is a staffer for the House of Representatives. “Springfield was too crowded for us. On top of that, the home prices are just astronomical.” She and Sprouse, who works for the U.S. Secret Service, turned to Coldwell Banker Elite Realtor Drew Fristoe. He advised them to shop around for mortgages and save until they were ready to buy.

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