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.”
This week has been one of the most quiet weeks of the year for real estate activity in Arlington.
The summer doldrums finally kicked in. Sellers did their part listing 43 properties, but buyers ratified only 31 contracts. They must still be at the beach.
There’s only 10 more days before the fall market begins right after Labor Day. That will usher in lots of fresh new inventory, but also many more buyers so we will likely start to see competitive bidding again.
Interest rates dropped another 1/8th% to 3.5% this week, the lowest rates since 2011. So buyers have a window of opportunity over the next 10 days to ratify and lock in a great rate before the buyer frenzy starts and they lose their negotiating power.
With these low interest rates, you may consider refinancing your existing loan. If you can lower your rate by 5/8th% or more, it’s definitely worth talking to a reputable lender who can help you analyze your cost/benefit and breakeven point.
A home safety travel trip: If you’re going to be gone more than four days for vacation, turn off your water main valve. Water appliances like refrigerators or dishwashers seem to always time their failures when the owner is away. The owner returns to a watery mess costing thousands in repairs and hours of hassle.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 4775 21st Road N., Arlington, VA 22207 — $574,900
- 1050 N. Stuart Street #819, Arlington, VA 22201 — $599,000
- 215 N. Park Drive, Arlington, VA 22203 — $750,000
- 709 N. Jefferson Street, Arlington, VA 22205 — $899,000
- 4838 1st Street S., Arlington, VA 22204 — $984,999
- 6224 22nd Street N., Arlington, VA 22205 — $1,149,900
- 4715 N. Little Falls Road, Arlington, VA 22207 — $1,450,000
- 214 S. Jackson Street, Arlington, VA 22204 — $1,550,000
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Join MoCA Arlington Summer Camps at Marymount University and learn the fundamentals of handbuilding, throwing on a wheel, glazing, and much more. In this two-week course, students will explore hand building techniques, wheel throwing, and strengthen ideas that exemplify individual artist expression guided by professional working artists. Students of all skill levels are welcome!
Visit MoCA Arlington’s Website here and the registration page to secure your space today!
Please join us on Saturday, June 3, from 2 to 4 pm for the Glencarlyn Home Tour in Arlington’s historic Glencarlyn neighborhood. Among the featured homes will be a sparkling new home by A&N Builders at 5604-4th St. South. The inviting front porch opens to a light-filled space featuring high ceiling, wood floors, gas fireplace, Pella windows, Shrock cabinets, Quartz countertop, and JennAir appliances. Doors from the family room open to a large covered porch with a few steps to the level, landscaped rear yard. Upstairs, there are four bedrooms, three bathrooms, laundry room, and linen storage. The big lower level has a rec room, gym space, and a fifth bedroom and bathroom plus even more storage. After leaving the home, stroll to the Ball-Sellers home, the oldest residence in Arlington, the community gardens at the library, Carlin Hall, and the 94 acre Glencarlyn Park. A lovely way to while away a late spring afternoon.
Homebuying 101: Steps to Getting Pre-Approved
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’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,