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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.”

What a difference a year makes. While Arlington’s real estate market is still healthy, it’s not robust. With so much demand for housing in Arlington, you’d think buyers would be more active ratifying contracts. But they’re not, and it’s puzzling as to why.

Let’s put it in perspective. This week, buyers ratified only 26 contracts while sellers listed 36 homes. There are currently only 211 homes actively for sale. Mortgage interest rates are steady at 3.75% for a 30-yr fixed rate.

However a year ago this same week, buyers ratified 68 contracts, sellers listed just 24 homes, there were 350 homes for sale, and mortgage rates were 4.75%, a full one percent higher. Granted, buyers and investors may have been motivated by Amazon’s announcement two weeks earlier that it selected Arlington for its HQ2.

But with interest rates so low today, why aren’t more buyers out there ratifying contracts? Economists point to chronic low inventory, and certainly that’s a factor, but I don’t think that explains current buyer behavior. It may take a few more months of data for other factors to be detected.

The outlook is bleak. If we think the low inventory situation is bad now, economist point to worsening conditions over the next 20 years as our population grows and ages, and housing demand spikes. The current rate of home builders delivering more supply will lag far behind growing demand creating an even greater crisis for available housing. So these may be the good times right now. It’s hard to imagine that.

My advice to buyers: Get purposeful, make home buying a priority, select an assertive professional agent to help you not just FIND the home, but more importantly win the bidding war, and don’t be discouraged by failure. If you don’t focus on your mission, you will forever be a home shopper, and never a home buyer.

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

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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!

Submit your own Announcement here.

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.

Submit your own Announcement here.

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,


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