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Just Listed in Arlington

by ARLnow.com Sponsor February 24, 2017 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.”

This week’s fantastic February weather isn’t the only evidence that the market has heated up. Some 68 homes sold in Arlington this week, and 72 new listings hit the market. Buyers snatched up new listings as well as homes that had been lingering for over 30 days helping to clear out some stale inventory.

709 N. Garfield StreetNationally, existing home sales hit a new record for January, up 3.3% for the highest number of sales since February 2007. The tightening labor market is expected to provide more job opportunities for young adults, and should soon start to produce higher household incomes. Home buyers are already feeling more financial confidence.

Interest rates fluctuated throughout the week reflecting economic uncertainty by investors. But rates ended 6 basis points lower to 4.29% for a 30-yr fixed rate.

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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