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Just Listed in Arlington

by ARLnow.com Sponsor — August 26, 2016 at 6:00 am 0

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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.”

Fresh new listings this week outpaced sales in Arlington.

Some 63 homes were listed this week, while 48 homes were sold, helping to balance the low inventory problem we have in Arlington. It’s a national problem as well. Last month, existing home sales dropped 3.2% from last year because inventory levels are so low nationwide. That has helped new home sales which spiked last month about 30% to their highest level since 2007.

The robust price point is about $300,000 for first time home buyers taking advantage of record low interest rates.

Rates remained unchanged this week in all categories. It’s still a great time to refinance or buy if you can find the right home.

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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