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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.”

Right on cue, the inventory floodgates opened this week.

It must be mid-March. That’s when traditional wisdom says it’s time to list your home, the spring market is here, and the buyers are out shopping.

This week sellers listed 70 homes giving buyers the most amount of choices so far this year. And buyers stepped up and ratified 57 contracts, some 19 of those were on homes that were listed for seven days or less. Arlington currently has only 239 homes actively for sale.

At this pace of absorption, that is only one month of inventory meaning if no more homes came on the market, all homes would be sold in one month. It’s also known as an extreme sellers’ market.

Here’s the craziest story heard this week: a $185,000 townhouse in Lorton listed “As Is” attracted 55 offers! It was on the market for five days.

This kind of market attracts every kind of buyer, and we are especially seeing more investors and flippers than usual. They are attracted to homes in need of much work and TLC, the kind of homes that scare away first-time home buyers and are too much work for end users who want fully updated conditions, even in vintage 1920’s-30’s homes. Whatever kind of buyer you may be, prepare for battle. The competition is brutal.

Mortgage rates continued to be kind to buyers this week with no major changes. The 30-yr fixed rate remains at 4.375%-4.5%. Helping to drive buyer activity is available credit. Lenders are flush with cash. So, there is a wide variety of liberal loan programs for all types of buyers enabling much lower down payments than we’ve seen in over 10 years.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

Recent Stories

Good Friday evening, Arlington. Today we published 6 articles that were read a total of 7935 times… so far. 📈 Top stories The following are the most-read articles for today…

President Joe Biden and First Lady Jill Biden are scheduled to cross the river into Arlington next week. “On Monday, December 12, as part of the First Lady’s Joining Forces…

A “singing tree” is set to bring holiday cheer to Ballston. Next week the Ballston Business Improvement District (BID) is debuting the “Ballston Singing Tree.” That’s 12 strands of 1,200…

Welcome to the second weekend in December! We have a new list of open houses to check out across Arlington this weekend. With Christmas two weeks away, there are plenty…

Join us on December 14, 2022, from 7-9 pm for Arlington’s biggest civil rights & social justice event of the year!Awards will be presented Wednesday, Dec 14 at the Freedom Fund Virtual Banquet, 7-9 pm ESTLearn more about the awardees: https://mailchi.mp/arlingtonnaacp/2022awards?e=b2f2151d69General Admissions Ticket: $30.00(Deadline: 5:00 pm Wednesday, December 14).

Submit your own Announcement here.

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

Submit your own Announcement here.

Light Up Arlington – Clarendon Menorah Lighting

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

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National Chamber Ensemble – Holiday Cheer!

NCE’s Holiday Concert will bring the finest classical masterpieces and holiday favorites together for the whole family. The festivities begin with Leroy Anderson’s classic “Sleigh Ride” and “Chanukkah Festival”, music from the Nutcracker and by J.S. Bach.

Outstanding Young Artist

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