News

Democratic County Board Field at Two — Military veteran Chanda Choun was the only candidate for County Board to announce his candidacy at the Arlington County Democratic Committee last night. Choun joins fellow Democrat Matt de Ferranti in the race to challenge incumbent John Vihstadt. A primary will be held June 12, ahead of the general election contest against Vihstadt in November. [InsideNova]

Affordable Housing Stats for FY 2017 — “Arlington County added or preserved 556 affordable housing units for low- and moderate-income households during its 2017 fiscal year, bringing the Countywide total to more than 7,700 units.” [Arlington County]


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.”

Home sellers finally out performed home buyers this week in Arlington. While buyers ratified 51 contracts, sellers listed 69 properties on MRIS this week. That has helped the chronic problem of low inventory. At the current pace of absorption, and with only 332 homes actively for sale, the “months of inventory” has risen from 1.02 last week to 1.6 this week.