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.”
What a difference a week makes. After our slow start last week, Arlington’s market has sprung into life with 33 new listings and 29 ratified contracts.
And top that off with great news for buyers. Mortgage rates dropped 10 basis points to 4.5% for a 30-yr fixed rate with no points which encouraged 20% more buyers to apply for mortgages. These rates are the lowest in nine months. Economists reading the tea leaves anticipate these rates staying steady for quite a while.
Data released by the multiple listing service Bright/MLS indicate the entire DC Metro area experienced an increase in median home sale prices in 2018 over 2017, EXCEPT Arlington. Prices were up 5.9% elsewhere, but were down 2.6% for Arlington. Don’t panic. Your home’s value most likely did not go down. The “median” is the middle point of all the data. Arlington had many more condo sales than detached home sales in 2018, which skewed the median.
The federal government shutdown has not yet had an impact on buyers in our area, but it could if it continues another few weeks as it will be difficult for lenders to verify federal workers income. This could cause delays in lender approval of loan applications.
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.
- 4390 N. Lorcom Lane Unit #707, Arlington, VA 22207 — $237,000
- 3080 S. Abingdon Street Unit #A1, Arlington, VA 22206 — $409,900
- 820 N. Pollard Street Unit #302, Arlington, VA 22203 — $545,000
- 4441 1st Street S., Arlington, VA 22204 — $749,990
- 400 N. Florida Street, Arlington, VA 22203 — $875,000
- 1413 N. Longfellow Street, Arlington, VA 22205 — $950,000
- 512 N. Greenbrier Street, Arlington, VA 22203 — $1,300,000
- 4748 33rd Street N., Arlington, VA 22207 — $1,549,000
As Arlington County continues collecting feedback on the preliminary concept plan to turn Langston Blvd into a “Green Main Street” over several decades, a few disagreements have emerged. Some say…
RSVP to learn about the Forestry and Natural Resources Plan during the virtual open house tomorrow at 7 p.m.
Within the first five minutes of Netflix’s new series Partner Track, Arlington native and Yorktown High School graduate Alexandra Turshen already has her “boss” moment by telling the new paralegal…
The Arlington Art Truck is back this fall starting October 1 with an exhibit focused on Arlington’s birds.
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.
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 for our Homebuying