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.”
Is the heavy rain this week responsible for dampening Arlington’s real estate market?
Why else were sellers hesitant to put their homes on the market, and buyers seemed to take a siesta? Only 106 new listings hit the market this week, and buyers ratified only 64 contracts. That’s way off the pace of the last several weeks. Of those sold homes, nearly half sold within seven days.
Interest rates got a jolt on Tuesday reaching the highest levels in seven years. The 30-yr fixed rate is now ranging 4.75% to 4.85% with no points. It won’t be long before rates break the 5% barrier. Rising rates erode buyers purchasing power and forces them to look at homes priced lower.
Agents and lenders are reporting that homes, townhomes and condos priced below $800,000 are frequently receiving multiple offers. How do you win in the bidding wars?
Numerous variables are involved that all contribute to delivering the most attractive offer. But it starts with finding an experienced agent with a winning track record in the bidding wars. While sellers like to select the offer with the highest price, they often choose an offer based on other factors like the closing date, or free rent back, or fewest contingencies.
If you are a buyer just getting started, and know you’ll be buying below $800,000 you should talk to several agents and find one with the experience and skills to get you into the winner’s circle.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 2101 N. TAFT ST #120, ARLINGTON, VA 22201 — $325,000
- 2570A S. ARLINGTON MILL DR #1, ARLINGTON, VA 22206 — $519,000
- 408 S. CLEVELAND ST, ARLINGTON, VA 22204 — $649,000
- 1200 N. HARTFORD ST #201, ARLINGTON, VA 22201 — $795,000
- 1035 N. MCKINLEY RD, ARLINGTON, VA 22205 — $799,000
- 629 N. ABINGDON ST, ARLINGTON, VA 22203 — $799,000
- 4620 19TH RD N., ARLINGTON, VA 22207 — $909,000
- 250 N. BARTON ST, ARLINGTON, VA 22201 — $1,100,000
Recent Stories
Memorial Day is a special time to remember and show appreciation for the courageous men and women who sacrificed their lives for our country. It’s also an opportunity to come…
Good Friday evening, Arlington. Today we published articles that were read a total of 8149 times… so far. 📈 Top stories The following are the most-read articles for today —…
It’s Memorial Day weekend in Arlington. The flags are in at Arlington National Cemetery, ‘Rolling to Remember’ participants are rolling up to local hotels, and the 35% of locals who…
(Updated at 2:45 p.m.) Today is the first day high school-aged Arlington Public Schools students can carry naloxone in schools. Students in grades 9 and above can now carry the…
The 44th Leeway Overlee Community Day and Yard
Sale will be along the John Marshall Drive/Ohio Street greenway on
Saturday, June 3 from 9 a.m. until 1 p.m. The community will be out in
force to exchange information and greetings, sell unneeded household
items, and pick up a few bargains.
About 100 families set up tables for the festivities, which take
place along the six-block stretch of the greenway from near Langston
Blvd. to Washington Blvd. Attendance is free, but
a $10 fee will be collected from individuals and families selling
household items during the event. Ensure that all goods and rubbish are
removed from the greenway by 1 p.m. Leave dogs at home.
For more info, call 703-532-6101. If planning to sell, start labeling
your items for sale NOW! Event will take place as long as there is not
active rain. Rain date is June 10.
36TH FESTIVAL ARGENTINO
ARLINGTON JUNE 3RD, 2023
Sat, June 3rd I 3:30 pm / Shows 5:50 pm I Kenmore Auditorium I Glencarlyn
The 36th Festival Argentino USA celebrates Argentine Day and Cultural Freedom. The folkloric group Los 4 de Córdoba and 25 more artists from Argentina, World, and Solidarity Tribute, 200 years of friendship between USA and Argentina!.
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,
