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.”
Best wishes for the holidays!
Arlington set a new low record this week with only six, that’s right, six new listings. Okay, everybody knows the week between Christmas and New Year’s is the slowest of the year, but only six?
Buyers however were busy ratifying 29 contracts.
The rise in interest rates since the election has stifled home sales the last two months. A new report from the National Association of Realtors credits the rise in interest rates to the declining number of home sales. Rising rates lowers a home buyers purchasing power. A decline in the national housing market going into 2017 could impact economic recovery.
Many economists note that as goes the U.S. housing market, so goes the U.S. economy because every home sale leads to spending on related products like furniture, appliances, home furnishings, etc. Optimists point to the tightening labor market at only 4.5% unemployment rate as an indicator that salaries and wages should start to increase. This will help to offset the higher mortgage interest rates, when and if it starts to happen in our area.
For those considering buying a home in 2017, the message is clear. Ratify a contract and lock in your interest rate the soonest you can before rates climb any higher.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 2590C Arlington Mill Dr #3, Arlington, VA 22206 – $269,000
- 1210 Taft St #310, Arlington, VA 22201 – $305,000
- 4500 Four Mile Run Dr #312, Arlington, VA 22204 – $314,900
- 2005 Key Blvd #11579, Arlington, VA 22201 – $369,000
- 2100 Lee Hwy #536, Arlington, VA 22201 – $459,000
- 4313 4th St S, Arlington, VA 22204 – $620,000
- 808 Quincy St, Arlington, VA 22204 – $794,800
- 2844 Rochester St, Arlington, VA 22213 – $1,695,000
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The Arlington-Aachen High School exchange is returning this summer and currently accepting applicants.
The sister-city partnership started in 1993 by the Arlington Sister Cities Association, which seeks to promote Arlington’s international profile through a variety of exchanges in education, commerce, culture and the arts. The exchange, scheduled June 17th to July 4th, includes a two-week homestay in Aachen plus three days in Berlin. Knowledge of the German language is not required for the trip.
Former participants have this to say:
_”The Aachen exchange was an eye-opening experience where I was fully immersed in the life of a German student. I loved biking through the countryside to Belgium, having gelato and picnics in the town square, and hanging out with my German host student’s friends. My first time out of the country, the Aachen exchange taught me to keep an open mind, because you never know what could be a life changing experience.” – Kelly M._
Learn about the new assessment of Arlington’s urban tree canopy and the many ecological and social benefits trees provide. Staff from the Green Infrastructure Center (GIC) will share study results and compare canopy cover for different areas of Arlington.The webinar will include assessments of ecosystem services such as stormwater mitigation, air quality, carbon uptake, and urban heat islands. For background on Arlington trees see the “Tree Benefits: Growing Arlington’s Urban Forest” presentation at http://www.gicinc.org/PDFs/Presentation_TreeBenefits_Arlington.pdf.
Please register in advance to assure your place at the webinar, https://attendee.gotowebinar.com/register/29543206508863839.
About the Arlington County Civic Federation: The Arlington County Civic Federation (“ACCF”) is a not-for-profit corporation which provides a forum for civic groups to discuss, debate, inform, advocate and provide oversight on important community issues, on a non-partisan basis. Its members include over ninety civic groups representing a broad cross-section of the community. Communications, resolutions and feedback are regularly provided to the Arlington County Government.
The next meeting is on Tuesday, February 21,2023 at 7 pm. This meeting is open to the public and will be hybrid, in-person and virtually through Zoom. Part of the agenda will be a discussion and vote on a resolution “To Restore Public Confidence in Arlington County’s Governance”. For more information on ACCF and this meeting, go to https://www.civfed.org/.
Valentine gifts for someone special or for yourself are here at George Mason University from noon -4pm on February 14, 2023. Satisfy your sweet tooth with Kingsbury Chocolates, find a handmade bag from Karina Gaull, pick up treats from Village