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.”
Buyers enjoyed a tidal wave of new listings this week, but rising interest rates rained on their parade.
Some 92 fresh new listings came on the market in Arlington, and buyers ratified 54 contracts. An incredible 24 new listings sold within seven days. And 10 of the homes ratified this week were listed over $1m helping to strengthen the upper end market.
But buyers got hammered by a jump in mortgage rates. The 30-yr fixed rate is now 1/4% higher than it was last week ranging now at 4.5%-4.65% for a 30-yr fixed. In this volatile mortgage market, rates vary greatly among lenders so buyers should shop diligently, and quickly, once they ratify an offer and can lock in their rate. A half point increase would cost roughly $90/mo on a $300k loan.
Rates are expected to continue their climb. Inflation surged last month by 1/2% to an annual rate 2.1% which will likely inspire the Federal Reserve to raise short term rates sooner than later this year.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 1024 N. UTAH ST #117, ARLINGTON, VA 22201 – $379,900
- 4407 20TH RD N., ARLINGTON, VA 22207 – $799,900
- 1452 N. LONGFELLOW ST, ARLINGTON, VA 22205 – $845,000
- 3306 N. COLUMBUS ST, ARLINGTON, VA 22207 – $924,500
- 3002 3RD ST N., ARLINGTON, VA 22201 – $998,900
- 1114 N. JOHNSON ST, ARLINGTON, VA 22201 – $1,190,000
- 1138 N. HARRISON ST, ARLINGTON, VA 22205 – $1,284,900
- 929 N. DANIEL ST, ARLINGTON, VA 22201 – $1,934,900
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St. Charles offers a play-based curriculum in a welcoming, Christ-centered environment.
Our program focuses on socio-emotional development and kindergarten readiness through hands-on and engaging activities. Our programs offer different schedules ranging from 7:30 am-5:30 pm for students, ages 2-5. We feature a full-day Jr. kindergarten class for older 4’s/5’s. Our facility includes a full-sized gymnasium, school chapel, and library. All of our students enjoy music and physical education weekly. Children have an opportunity to participate in enrichment classes such as soccer, basketball, ballet, and science.
We offer Summer Camp with weekly themes and twice a week water play, including Fun Friday moon bounce. Please join us for our Open House Feb. 3 at 9:30 am and 11:00 am. Click here to sign-up.
For more information or to schedule a tour, visit us at www.stcharlesarlington.org or call (703) 527-0608.
If you are a lifelong learner over 50+ who wants to make new friends, power up your brain, and enjoy a wide-variety college-level courses, Encore Learning is for you. An Arlington based nonprofit, Encore Learning offers courses in the arts, theater, literature, history, technology and more. This semester we offer our most popular course, Global Hot Spots as well as 25 new courses. Courses are presented either online or in-person at George Mason University at Virginia Square and other Arlington locations.
Join the free presentation to learn about courses and meet the instructors. This is Encore Learning’s signature event to highlight the upcoming semester with brief presentations by each instructor.
The Spring Course Preview event is Thursday, February 2nd at 9:30 AM via Zoom:
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