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Just Listed in Arlington

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.”

The real estate market in Arlington returned to a normal December pace this week with 34 new listings and 48 ratified contracts.

Sellers generally avoid putting their homes on the market between Thanksgiving and Christmas because historically it’s the slowest time of the year. But for Arlington, the Amazon HQ2 decision has sparked heightened home buyer and investor activity. Of those 48 homes that sold, 10 were gone in less than seven days on market and some of those enjoyed multiple contracts.

Economists from the Fuller Institute at George Mason University said on Wednesday that the Amazon impact on housing will likely not be as broad as many anticipate. They studied the impact in Seattle and found that properties within about 1 mile of Amazon’s HQ experienced about two percent higher value than other areas.

The average Amazon salary in Arlington will be about $150,000 which can support a home price of about $800,000 with today’s mortgage rates. So, the market priced $800,000 and below should see a bump. Also, these new jobs will be phased in over 12-16 years.

Meanwhile, mortgage rates started the week at their lowest since early September at 4.65% for a 30-yr fixed rate, but by the end of this week had inched up 5-10 basis points to about 4.75%.

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.

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Morning Notes

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Award-winning drag queen Tara Hoot is bringing her Family Fun Story Time Brunch to Arlington at Freddie’s Beach Bar! Saturday April 6 at noon! Join Tara for songs, stories, puppets, bubbles and joy! It’s not just stories, it’s a SHOW that’s perfect for kids and kids at heart–fun for everyone! Plus a tasty brunch at Freddie’s! Click the link and make your reservations now! ❤️ 🫧 🌈

Submit your own Announcement here.

The Summer 2024 STEAM (Science/Technology/Engineering/Arts/Math) Fellowship application is now open! Apply by April 15 to be considered!

The STEAM Workforce Development Teacher Fellowship provides Arlington Public Schools (APS) high school, middle school, and elementary school teachers with opportunities to learn about workplace needs in STEAM-related fields and for them to use the experience to enhance student learning to match workplace expectations in a selected industry. STEAM Fellows participate in a three-week summer fellowship, receiving a $4,000 stipend upon completion.

Applicants planning to pursue a fellowship in the arts must demonstrate how they will build connections between the arts and science, technology, engineering, or mathematics.

Click the button to learn more, share, apply, and see the variety of fellowships completed in previous years.

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Submit your own Announcement here.

Free Right-Sizing Workshop – How to Get Rid of Your…

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Portofino Italian Wine Dinner, April 6, 6:30pm

Four course Italian dinner, paired with 2 wines each. The wines will be served “blind” and notes on each wine will be discussed. The event is coordinated with Elite Wine Importers and The Portofino Restaurant. The dinner is on Saturday,

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