Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
Let’s bust out the crystal ball and predict what’s going to happen in 2020.
Will the Caps win the Stanley Cup again? Will there be world peace? We shall see.
On the housing front, Realtor.com recently released its National Housing Forecast 2020 and it’s full of some interesting predictions. Among them, the group anticipates the following nationally:
- Mortgage rates to creep up .03% by the end of the year to 3.88%
- Existing home median sales price appreciation to rise .08%
- Existing home sales to fall 1.8%
- Single-family home housing starts to jump 6%
- The homeownership rate to hit 64.6%
So, this translates to price growths flattening and inventory remaining tight.
Locally, in the D.C.-Arlington-Alexandria metro area, Realtor.com is anticipating a 1.5% decline in the number of sales and a 2.6% jump in price.
These stats certainly reflect the trend here in our market of limited inventory yet increasing prices, anchored by a strong job market, competitive wages and forthcoming projects, like Amazon’s HQ2.
Bottom line: It’s shaping up to be another interesting year in Arlington County and surrounding areas. And, when you’re ready to navigate the local real estate market and get the most bang for your buck, on either side of a transaction, the time-tested team at Arlington Realty Inc is ready to roll on your behalf.
As of January 6, there are 100 detached homes, 11 townhouses and 54 condos for sale throughout Arlington County. In total, 3 homes experienced a price reduction in the past week:
Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.
This past week saw 22 homes sold in Arlington. The least expensive condo, single-family home or townhouse sale over the past seven days was $275,000 while the most expensive was…
Many parents of children at Key Elementary School are outraged at the way a possible threat of gun violence by a student was handled by administrators.
We could tell you how great CarCare To Go is. We could tell you about how they are transforming the way people care for their cars with free valet pick-up…
Meet the two new legal professionals to join The Law Office of James Montana team.
The Arlington-Aachen High School exchange is returning this summer and currently accepting applicants.
The sister-city partnership started in 1993 by the Arlington Sister Cities Association, which seeks to promote Arlington’s international profile through a variety of exchanges in education, commerce, culture and the arts. The exchange, scheduled June 17th to July 4th, includes a two-week homestay in Aachen plus three days in Berlin. Knowledge of the German language is not required for the trip.
Former participants have this to say:
_”The Aachen exchange was an eye-opening experience where I was fully immersed in the life of a German student. I loved biking through the countryside to Belgium, having gelato and picnics in the town square, and hanging out with my German host student’s friends. My first time out of the country, the Aachen exchange taught me to keep an open mind, because you never know what could be a life changing experience.” – Kelly M._
Learn about the new assessment of Arlington’s urban tree canopy and the many ecological and social benefits trees provide. Staff from the Green Infrastructure Center (GIC) will share study results and compare canopy cover for different areas of Arlington.The webinar will include assessments of ecosystem services such as stormwater mitigation, air quality, carbon uptake, and urban heat islands. For background on Arlington trees see the “Tree Benefits: Growing Arlington’s Urban Forest” presentation at http://www.gicinc.org/PDFs/Presentation_TreeBenefits_Arlington.pdf.
Please register in advance to assure your place at the webinar, https://attendee.gotowebinar.com/register/29543206508863839.
About the Arlington County Civic Federation: The Arlington County Civic Federation (“ACCF”) is a not-for-profit corporation which provides a forum for civic groups to discuss, debate, inform, advocate and provide oversight on important community issues, on a non-partisan basis. Its members include over ninety civic groups representing a broad cross-section of the community. Communications, resolutions and feedback are regularly provided to the Arlington County Government.
The next meeting is on Tuesday, February 21,2023 at 7 pm. This meeting is open to the public and will be hybrid, in-person and virtually through Zoom. Part of the agenda will be a discussion and vote on a resolution “To Restore Public Confidence in Arlington County’s Governance”. For more information on ACCF and this meeting, go to https://www.civfed.org/.
Valentine gifts for someone special or for yourself are here at George Mason University from noon -4pm on February 14, 2023. Satisfy your sweet tooth with Kingsbury Chocolates, find a handmade bag from Karina Gaull, pick up treats from Village