Arlington Housing Costs Still Rising — “The District of Columbia continued to lead the pack with an average per-square-foot sales price of $543, down from $555. Falls Church also reported a small decline, dropping 1.2 percent from $432 to $427. All other jurisdictions were up from July 2021: Arlington’s average per-square-foot sales price of $473 rose 4.2 percent from $454; Alexandria’s average of $410 was up 0.7 percent from $407.” [Sun Gazette]
Single-Family Homes Are in Demand — “Home sales may have belly-flopped in July, but the average sales price of a single-family home just kept on pushing into record territory in Arlington, according to new sales data. Will that be a symbol of the ‘new normal’ in local real estate – fewer sales, higher prices – or is it something of a bacchanalian feast before a significant correction approaches? Only time will tell.” [Sun Gazette]
Acquisition for Local Company — “Defense contractor AeroVironment Inc. (NASDAQ: AVAV) has made its first acquisition since relocating to Arlington from California last year. The company, a leading supplier of small unmanned aerial vehicles to the U.S. military, said Wednesday it has acquired Planck Aerosystems, a privately held San Diego company that provides navigational technology for drones and other unmanned aircraft systems.” [Washington Business Journal]
It’s Friday — Partly cloudy throughout the day. High of 86 and low of 68. Sunrise at 6:27 am and sunset at 8:00 pm. [Weather.gov]
Recent Stories
Good Wednesday evening, Arlington. Today we published articles that were read a total of 14291 times… so far. 📈 Top stories The following are the most-read articles for today —…
ARLnow has been providing independent, in-depth coverage of Arlington since 2010. We are committed to keeping readers informed about the issues that matter most to the community, including those that…
Residents of The Shelton, an affordable housing development in the Green Valley neighborhood, are raising concerns about property management and poor treatment of residents. They previously raised these same issues…
This spring, Arlington County began buying up properties in the Waverly Hills area to combat flooding. Already, despite some concerns about how the program would work, three residents have agreed…
Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!
Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, June 7th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!
A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.
Call/text Manavi at 703-869-6698 with any questions!
Mason Square hosts dynamic weekly programming and ongoing special events, open to the Mason and greater Arlington community. All activities are free and open to the public. Join us at Mason Square today!
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,
