Press Club

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.”

Fresh inventory finally outpaced sales this week with 74 new listings and 63 homes sold. More agents are reporting bidding wars with 5-6 offers on some homes this week. Homes priced below $800,000 in Arlington are getting multiple offers if they are in good condition. One loan officer said he wrote four pre-approval letters for different buyers on the same house.

Nationally, sales were down this week compared to the last few weeks. Low inventory is cited as the problem.

Mortgage interest rates jumped around all week, finally ending virtually unchanged from last week at 4.25% for a 30-yr fixed rate. But lenders and economists agree that we can expect to see a slow steady increase in rates over the coming months.

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 driver in an SUV struck a juvenile riding a bike along Langston Blvd this afternoon. The crash happened around 4:20 p.m., in or near the crosswalk at the intersection…

Today’s Listing of the Day is a 4 BD/4 BA home with an open kitchen and wood burning fireplace.

The weekend has arrived and, apparently, so have mid-summer temperatures. Perhaps a little too early. Forecasters warn residents not to let the heat take them by surprise as temperatures could reach…

The $15 million newly renovated Jennie Dean Park is reopening to the public this weekend, complete with a motorcycle parade, live music, and a celebration of local baseball history. The…

×

Subscribe to our mailing list