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.”
The floodgates have opened and the inventory has poured in this week.
Sellers listed 87 homes this week in Arlington, the highest weekly volume of fresh listings so far this year. And buyers snatched up 78 properties in ratified contracts. Some 40 of those sold in seven days or less, while 14 had been on the market over 100 days. Of those sold this week, the average days on market dropped to only 37.
Interest rates spiked up 11 basis points this week to an all-time high for the year of 4.38% for a 30-yr fixed rate. But don’t panic. That very well may recede in the coming days. The jump was caused by a report that the European Central Bank was backing off of bond purchases, which resulted in Euro bond yields jumping, which in turn influenced US Treasury 10-yr bond yields to rise. Our mortgage rates closely follow the yield changes on 10-yr treasuries. The European Central Bank has denied the report, so we hope to see rates fall back. Just a reminder that we live in a global economic world.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 2400 Clarendon Blvd #808, Arlington, VA 22201 – $415,000
- 1021 Garfield St N #113, Arlington, VA 22201 – $490,000
- 224 Nelson St N, Arlington, VA 22201 – $799,000
- 4726 24th St N, Arlington, VA 22207 – $869,000
- 3917 Abingdon St N, Arlington, VA 22207 – $1,190,000
- 1021 Daniel St N, Arlington, VA 22201 – $1,250,000
- 1316 Danville St N, Arlington, VA 22201 – $1,295,000
- 3223 1st St N, Arlington, VA 22201 – $1,834,888
(Listing of the week: a custom home builder’s personal residence in Ashton Heights.)
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Join MoCA Arlington Summer Camps at Marymount University and learn the fundamentals of handbuilding, throwing on a wheel, glazing, and much more. In this two-week course, students will explore hand building techniques, wheel throwing, and strengthen ideas that exemplify individual artist expression guided by professional working artists. Students of all skill levels are welcome!
Visit MoCA Arlington’s Website here and the registration page to secure your space today!
Please join us on Saturday, June 3, from 2 to 4 pm for the Glencarlyn Home Tour in Arlington’s historic Glencarlyn neighborhood. Among the featured homes will be a sparkling new home by A&N Builders at 5604-4th St. South. The inviting front porch opens to a light-filled space featuring high ceiling, wood floors, gas fireplace, Pella windows, Shrock cabinets, Quartz countertop, and JennAir appliances. Doors from the family room open to a large covered porch with a few steps to the level, landscaped rear yard. Upstairs, there are four bedrooms, three bathrooms, laundry room, and linen storage. The big lower level has a rec room, gym space, and a fifth bedroom and bathroom plus even more storage. After leaving the home, stroll to the Ball-Sellers home, the oldest residence in Arlington, the community gardens at the library, Carlin Hall, and the 94 acre Glencarlyn Park. A lovely way to while away a late spring afternoon.
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,