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.”
Merry Christmas and Happy Holidays!!
Team Cathell wishes you and your family a happy and safe holiday weekend.
Don’t worry about Arlington’s real estate market. Although this has been the slowest week of the year for new listings with only 21 sellers putting their homes on the market, it’s doing just fine.
Buyers, however, were very active ratifying 43 contracts, with an average days on market jumping to 77. That’s because many of the homes that sold had been on the market a very long time. So a lot of old inventory got cleared out this week.
Mortgage interest rates dropped 6-10 basis points this week on the news Wednesday that the Federal Reserve raised short term interest rates by 0.25% to help quell inflation jitters. But the Fed also said they expect to raise rates only twice in 2019.
Also influencing the mortgage rate drop was Wall Street’s continued slide this week as investors moved capital out of risky equities and into safe 10-yr U.S. Treasury bonds which drove the yield down. That’s all good for home buyers.
Freddie Mac yesterday credited the lower mortgage interest rates so far this 4th quarter for an increase nationally in existing home sales which had been down 10% from 2017 levels. There’s been a moderate pickup in sales for October and November. All this bodes well for a vibrant spring real estate market, so keep your seat belt fastened.
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.
- 3601 5th Street S. Unit #103, Arlington, VA 22204 — $230,000
- 750 S. Dickerson Street Unit #301, Arlington, VA 22204 — $239,990
- 1020 N. Highland Street Unit #704, Arlington, VA 22201 — $699,900
- 1200 N. Hartford Street Unit #502, Arlington, VA 22201 — $794,900
- 1245 N. Vernon Street, Arlington, VA 22201 — $795,000
- 5904 4th Street N., Arlington, VA 22203 — $819,900
- 4939 34th Street N., Arlington, VA 22207 — $874,900
- 5141 3rd Street N., Arlington, VA 22203 — $989,000
A soggy weekend is on tap after an otherwise pretty nice final week of September. Obviously this week’s big story was the devastation in Florida, the huge scale of which…
Share your input on the Arlington Forestry and Natural Resources Plan by October 3.
A proposed bridge for bicyclists and pedestrians between Crystal City and the Southwest Waterfront area of D.C. has received $20 million in federal funding to move forward. When complete, the…
A 3 BD/2 BA condo with views of the Washington Monument and a freshly painted 4 BD/2 BA home is included in Home Hunt Highlights.
Now you can have fun with your family and friends when deciding where to eat!
Just hop aboard The Lunch Train and set the destination for: breakfast, brunch, lunch, dinner, or nightlife!
– No app necessary. Simply go to the website if you’d like!
– No account necessary
– Use your current location or a desired location
– Add restaurants you’re interested in, invite your friends, and play the game!
Lyon Park & Ashton Heights’ biennial home & garden biennial tour is back. The tour will include contemporary custom homes, older historic bungalows as well as renovated properties. One of the stunning homes on the tour is pictured above. In addition to beautiful & unique homes, the Villa & Vistas ’22 event will conclude with a festive reception at the Lyon Park Community Center at 414 N Fillmore Street, Arlington VA 22201. What could be better right?
All proceeds from this event will go to the Lyon Park Citizens Association (LPCA) towards our neighborhood jewel & hub, the Lyon Park Community Center (LPCC).
When: Sunday, October 2nd, Noon – 4 PM.
Where: Meet to get your tickets and the tour map at the Lyon Park Community Center (414 N Fillmore Street) We will have a table with information outside.
Join us as we explore Vini Franchetti & their two sister vineyards Passopisciaro (Sicily) and Vini Franchetti (Tuscany) for our Sicily/Tuscany Wine Dinner!
Sunday, Oct 9 @ 6pm
Special Guest: This wine dinner we will be hosting the wine maker