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Just Listed in Arlington

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

For a second straight week, buyer activity in Arlington’s fall real estate market has performed more like the summer doldrums.

Buyers ratified only 45 contracts this week, a few less than last week’s ho hum results. Sellers however stepped up and listed 62 homes.

A recent report from Redfin indicates that the bidding wars have significantly dropped nationally in the last year from an average of 41% of sales to just 11% last month. San Francisco leads in the bidding wars, followed by San Diego. A year ago, San Francisco had bidding wars in 73% of transactions, but last month that dropped to 32%. San Diego went from 49% to 21%. And our DMV area went from 41% last year to just 9.3% last month. The robust U.S. housing market may be losing its edge.

Federal Reserve meeting notes were released this week indicating the board may NOT be ready to lower its short term rate later this year as the financial markets have anticipated. The board will take a wait and see approach.

The notes also indicated that the board’s concern for the protracted weakness in business investment, manufacturing and exports may be worse than expected. They cited strong employment numbers and continued consumer spending as propping up the U.S. economy.

Meanwhile, mortgage rates have remained fairly stable at 3.625% for a 30-yr fixed rate.

What can you do to create a bidding war on your home? Two dominant themes prevail on those homes that attracted multiple offers:

  1. The homes are updated and in pristine condition, like new with nothing left to do
  2. The homes are priced properly, or maybe even a bit low to attract more buyers

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

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Award-winning drag queen Tara Hoot is bringing her Family Fun Story Time Brunch to Arlington at Freddie’s Beach Bar! Saturday April 6 at noon! Join Tara for songs, stories, puppets, bubbles and joy! It’s not just stories, it’s a SHOW that’s perfect for kids and kids at heart–fun for everyone! Plus a tasty brunch at Freddie’s! Click the link and make your reservations now! ❤️ 🫧 🌈

Submit your own Announcement here.

The Summer 2024 STEAM (Science/Technology/Engineering/Arts/Math) Fellowship application is now open! Apply by April 15 to be considered!

The STEAM Workforce Development Teacher Fellowship provides Arlington Public Schools (APS) high school, middle school, and elementary school teachers with opportunities to learn about workplace needs in STEAM-related fields and for them to use the experience to enhance student learning to match workplace expectations in a selected industry. STEAM Fellows participate in a three-week summer fellowship, receiving a $4,000 stipend upon completion.

Applicants planning to pursue a fellowship in the arts must demonstrate how they will build connections between the arts and science, technology, engineering, or mathematics.

Click the button to learn more, share, apply, and see the variety of fellowships completed in previous years.

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Submit your own Announcement here.

Free Right-Sizing Workshop – How to Get Rid of Your…

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Four course Italian dinner, paired with 2 wines each. The wines will be served “blind” and notes on each wine will be discussed. The event is coordinated with Elite Wine Importers and The Portofino Restaurant. The dinner is on Saturday,

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