News

Beyer Blasts GOP Tax Bill — Says Rep. Don Beyer (D-Va.) regarding the tax bill that passed the House yesterday: “I am adamantly opposed to the House Republican tax bill, H.R.1. The bill will raise taxes on millions of middle class Americans in order to fund tax cuts for the wealthy, and yet still manages to explode the deficit.” [Rep. Don Beyer]

Crystal City Scores 320 Jobs — A Georgetown-based nonprofit is moving much of its staff to a new office in Crystal City, leasing 90,000 square feet and adding 320 jobs in Arlington County. The move was announced by Virginia Gov. Terry McAuliffe, who approved a $500,000 state grant to assist Arlington with the project. [Virginia Business, Bisnow]


Feature

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.”

Yikes! On the eve of Thanksgiving week, only 39 sellers braved to put their homes on the market this week despite the steady healthy absorption rate. Some 51 buyers stepped up and ratified contracts this week. But there are further signs that the higher end market is weakening. Of those sold, only nine sold within a week and none were priced over $1 million. The average days on market also shot up this week to 63, the highest for the year. And only four homes sold this week priced over $1 million.