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.”
Arlington’s inventory of homes actively for sale is at a near all time low of only 350 homes. This is down 20-25% from typical levels in the summer and early fall.
Only 30 sellers put their homes on the market this week, while 43 buyers ratified contracts. The pace has clearly slowed but even at this snail speed, Arlington has only two months of inventory.
While prices are increasing slightly, the number of sales is declining. This is felt nationally as well. October saw a 2.6% drop over September, and a 6.7% drop from a year ago. This is the 10th straight month of sales decline nationally.
So what’s going on? Many factors, but economists point primarily at affordability. Prices and interest rates have continued to rise, but incomes have only marginally begun to increase. Low inventory is also to blame, as well as many new home buyers, aka millennials, are carrying significant student loan debt that delays their ability to buy a home.
Fortunately, interest rates did not increase this week but held steady at about 5% with no points for a 30-yr fixed rate.
Click here to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 2111 N. Scott Street Unit #56, Arlington, VA 22209 — $335,000
- 2417 S. Walter Reed Drive Unit #1-2, Arlington, VA 22206 — $425,000
- 1300 S. Cleveland Street Unit #368, Arlington, VA 22204 — $449,000
- 625 N. Buchanan Street, Arlington, VA 22203 — $825,000
- 2613 N. Harrison Street, Arlington, VA 22207 — $899,900
- 1035 N. Kensington Street, Arlington, VA 22205 — $995,000
- 2023 N. Dinwiddie Street, Arlington, VA 22207 — $1,199,900
- 3300 N. Pocomoke Street, Arlington, VA 22207 — $1,750,000
In Green Valley, resident Portia Clark says she and her neighbors are bombarded with calls and letters from realtors and potential investors about buying their homes. “We were once a…
Don’t forget to sign up for the 2023 Winter Leagues with DC Fray that include soccer, cornhole and more.
Crime doesn’t pay, the saying goes, and that is particularly true if you get punched during a failed robbery attempt. According to Arlington County police, that’s what happened early this…
Small Business Focus spotlights the Shop Local Winter Bazaar taking place Dec. 17-18 with over 100 local vendors to shop from.
With holiday season around the corner, it is easy to put your health on the back burner. If you are looking to get back on track during the holiday season, we are here to keep you accountable. At Aspire Higher Training, we offer 1-1 Personal Training for ALL fitness levels, Semi-Private Group Training, Sport Specific Training and Injury Prevention/Post Physical Therapy Training. Monica and her team of trainers are available across Arlington, Va.
If you don’t have access to a gym, no problem, we are located in South Arlington, but if you want to workout from your home/apartment gym, we also offer that flexibility. We make it as convenient as possible. Before getting started, we offer a free 15-30 minute consultation call to see how we can best help you towards your health and fitness goals. Let’s gets started on your health and fitness goals today by setting up a call at your earliest convenience: https://www.aspirehigherfitness.com/contact
Hello Everyone — You are invited to the final meeting of NAACP Arlington Branch NAACP for 2022
When: Dec 12, 2022, 07:00 PM Eastern Time (US and Canada)
Topic: 2022 General Membership Meeting — NAACP Arlington Branch
Register in advance for this webinar
After registering, you will receive a confirmation email containing information about joining the webinar.
7:00 pm Meeting Opens.
7:30 pm Installation
8:00 pm Presentation/Q&A; by Dave Schutz on Ranked Choice Voting
8:30 pm Final Remarks and Comments by Newly Elected Members
9:00 pm Meeting Adjourns
Installation Official Robert N. Barnette, Jr. President, Virginia State Conference NAACP The President of the Virginia State Conference NAACP will serve as the Installation Official and provide remarks for our newly elected officers at the general membership.
Join us as we celebrate the holiday of Chanukah! Enjoy delicious Latkes, hot cocoa, donuts and more!
Clarendon Menorah Lighting and Community Celebration
Experience the festival of lights!!
*Lighting of a giant 9 foot Menorah