Support

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.”

Like clockwork, Arlington’s real estate market hit the brakes this week as we entered the first week of the summer.

The market typically slows right after Memorial Day weekend, and this year was no different. Sellers listed 45 homes, while buyers ratified 44 contracts. That’s about a 40% drop in activity from last week.

There’s good news for buyers on two points: the inventory level improved and interest rates dropped. This week, inventory in Arlington increased to 1.4 months compared to just under one month for the last several weeks. The higher the inventory level, the more choices and negotiating power for buyers.

Mortgage interest rates dropped to 4% for a 30-yr fixed rate, and highly qualified buyers with great credit can get a rate in the high 3’s%. That adds considerably to a buyer’s purchasing power. The escalating trade war with China now shows signs of slowing the U.S. economy, and that news has impacted the drops on Wall Street and flow of capital into safe 10-yr U.S. Treasury bonds.

Further tensions with China could slow our economy more, and mortgage rates could see even lower numbers.

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

Arlington’s fire and police unions are poised to lose a battle to change the pay scale the county uses — one that union representatives say contributes to ongoing staffing shortages….

Shop local this holiday season at the Winter Bazaar taking place Saturday, December 17-18.

It does not appear that the Asian-inspired restaurant Wagamama will be opening in Clarendon anytime soon. Back in March, the London-based chain with more than 200 locations in 27 countries…

Arts Focus highlights LAC Studios craft show and sale this Saturday, December 3 where you can shop local for one-of-a-kind gifts.

Grab some friends and sign up for Parks & Rec’s Eugene J. Green Memorial Winter Basketball League! Adults 18+ can register teams of up to 12 people for the ten-game season. Cost is $765 per team. Games are Mondays and/or Wednesdays at Arlington Mill Community Center starting the week of Jan. 4. Sign up here by Dec. 11.

Submit your own Announcement here.

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

Washington-Liberty Annual Holiday Bazaar

Join us Saturday December 3 from 10 to 4 p.m. at W-L High School, for this much anticipated Arlington holiday tradition! We will be featuring over 65 vendors for gift shopping, our student clubs and activities fundraising booths, and food

×

Subscribe to our mailing list