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.”
Sellers were active this week listing 93 homes in Arlington, but buyers were snoozing with only 63 ratifying contracts. Of those home sold, 19 were gone within a week. This has dropped the days on market to just 27, down from 37-39 in previous weeks. And the average list price of homes sold this week dropped radically to just $451,513, down from about $645,000 in previous weeks.
Mortgage interest rates remained unchanged on the 30-yr fixed rate with no points at about 3.95%. But the Fed announced Wednesday that it is starting to sell off its 10-yr Treasury bonds and mortgage backed securities from its balance sheet which is expected to cause an increase in the yield on 10-yr T bills. While that’s not good for mortgage rates, it does signal that the Fed has confidence in a strong economy that’s showing signs of increased growth.
And Freddie Mac said this week to expect to see rates rising very soon, like maybe next week. A US Census Bureau report shows that median household income across the US is at its highest historically at $59,039. That’s a 3.2% increase since 2015, a very good sign for the economy. However, in the greater DC Metro area including northern Virginia, household income has been flat for five years.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 4600A 28TH RD S #A, ARLINGTON, VA 22206 – $395,000
- 2925 BUCHANAN ST #2925, ARLINGTON, VA 22206 – $437,000
- 1201 N. GARFIELD ST #604, ARLINGTON, VA 22201 – $557,750
- 5009 25TH ST N, ARLINGTON, VA 22207 – $899,999
- 114 EDGEWOOD ST N, ARLINGTON, VA 22201 – $935,000
- 3411 3RD ST N, ARLINGTON, VA 22201 – $1,065,000
- 517 OXFORD ST N, ARLINGTON, VA 22203 – $1,334,900
- 1816 QUANTICO ST, ARLINGTON, VA 22205 – $1,500,000
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Camps are just the beginning of what’s in store at Art House 7 this summer. We’re thrilled to offer an array of exciting classes for both kids and adults!Rediscover your creativity with some of our AH7 favorites, such as drawing, hand-sewing, modern embroidery, and our popular 3-week Jump into Crochet classes. But that’s not all! We’ve added some fresh and exciting options to our summer class selection, guaranteed to spark your imagination.
To enhance your artistic journey, we have intensified some of our Ceramics: The Wheel classes to a full 3-hour duration. This extended time allows for more creativity and skill development in each class session. If you’re eager for a captivating twist, give Contemporary Still-Life Drawing & Painting a go. Or why not try an immersive outdoor painting adventure? We have a unique opportunity for you to bring your painting skills to life while learning and creating in the great outdoors with our Landscape Painting: Studio and Plein Air class!
We invite you to visit our website and explore our full Summer Session schedule, brimming with a diverse range of classes and camps. Classes and camps begin June 20th. Unleash your inner artist, broaden your horizons, and embark on a summer adventure like no other. Let’s make this a summer to remember at Art House 7!
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Our wide range of massage services includes Swedish, deep tissue, prenatal, sports massage, hot stone, aromatherapy, and more — all tailored to your individual needs. Whether you’re seeking relief from stress, muscle tension, or chronic pain, our skilled therapists will help you achieve total wellness.
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