Support

Just Listed in Arlington

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 spring real estate market is now in full swing with buyers snatching up 76 homes this week while 73 properties came on the market.

Mortgage applications spiked by 7% over last week reflecting the season of buying. Fresh inventory is hitting the market at the same pace as fresh buyers ratifying contracts.

Part of buyers’ motivation isn’t just seasonal. Mortgage rates crept upward slightly this week to 4.25% for a 30-yr fixed rate, and the Fed is expected to increase the short term bank rate this month, and more increases in the months ahead. Buyers want to lock in low rates before their purchasing power gets eroded by both higher interest rates and price increases. Agents are reporting bidding wars already this spring is some of the high demand areas.

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

Recent Stories

A person suffered serious injuries in what’s being described by police as a single-vehicle crash in Rosslyn.

Introducing Towngate North, a new condominium residence coming soon to Old Town North. Find rooftop terraces where you can relax and take in city views along the Potomac.

A Dominion Energy substation under renovation near Crystal City is set to electrify the neighborhood with an artistic façade. The energy provider is expanding and remodeling its substation at the…

The Right Note: Here we go again

The Right Note is a biweekly opinion column. The views expressed are solely the author’s. The annual closeout process, or second round of spending, is upon us again. Tonight, the…

×

Subscribe to our mailing list