74°Clear

Just Listed in Arlington

by ARLnow.com Sponsor — February 17, 2017 at 6:00 am 0

Just Listed banner

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.”

Arlington’s market is heating up this week with 71 new listings and 62 homes sold.

The spring market has arrived. That’s the most new listings so far this year, and it’s helping to improve Arlington’s low inventory problem. The average days on market for the sold homes this week has dropped to 42.

Nationally, the pace of home sales is off to a slow start for the year. A combination of low inventory levels and rising interest rates is cited. Rates rose again this week by about 10 basis points to 4.35% for a 30-yr fixed rate. Mortgage rates are tied to the yield on the 10-yr long term Treasury note which has risen slowly but steadily since the elections.

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

×

Subscribe to our mailing list