Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Inventory continues to decline in Arlington, bolstered by strong buyer demand through the second week of January. With just 397 total available properties, we haven’t been this strapped for homes since early August 2020. Ninety of these are single family, 37 are townhouses/semi-detached and 270 are condos. Condo inventory is down 100 from the week of November 22, when it peaked at 370 available units.
Arlington sellers listed some 55 homes this past week, up from 49 the week prior. Buyers really did their part, virtually keeping pace with 54 contracts ratified, 22 of which were homes on the market seven days or less. Last week we had 42 ratified contracts.
Mortgage rates just ticked up about one-eighth of a point in the past week — still historically low but perhaps indicative of a trend upward. We haven’t seen this large of a move in a one-week increment since last March, when Covid-19 and associated lockdown measures were threatening the liquidity of capital. It’s still an amazing time to refinance an existing loan, invest in more real estate to lock in a low fixed payment, or buy a new home for your family.
Currently available homes across all property types have an average list price of $754,824 and median of $544,500.
Pick of the Week: 1745 S. Hayes Street #2, Arlington, VA 22202 — $635,000
Southampton is one of the most conveniently located townhome developments in Arlington. Walk across the street to Pentagon City and Metro or to Costco, or take a short stroll to Amazon’s HQ2. This 3 BD/2.5 BA two-level townhome has assigned parking at the front door and is 1,400 square feet plus has a large covered balcony. Find me here on Sunday, from 1-4 p.m. for the in-person open house, or call me at 703-203-1117 to make arrangements to tour privately.
Click here to search currently available Arlington real estate. If you see a home you’re interested in purchasing, give us a call.
Call the Andors Real Estate Group today at 703-203-1117 to talk more about buying or selling Arlington real estate. Below are eight new listings I think you might like to check out:
- 4623 28th Road S. #D, Arlington, VA 22206 — $354,900
- 2700 16th Street S. #653, Arlington, VA 22204 — $419,900
- 1515 S. Arlington Ridge Road #202, Arlington, VA 22202 — $519,900
- 1300 Army Navy Drive #623, Arlington, VA 22202 — $525,000
- 1745 S. Hayes Street #2, Arlington, VA 22202 — $635,000
- 3145 14th Street S., Arlington, VA 22204 — $815,000
- 5512 7th Street S., Arlington, VA 22204 — $935,000
- 3008 N. Rochester Street, Arlington, VA 22213 — $2,095,000
Just around the corner from Washington, D.C., in North Arlington, is Ballston. A reflection of the nation’s capital, Ballston blends some of the city’s highlights with its own unique rhythm, creating a vibrant and exciting place to work and play.
Just around the corner from the heart of Ballston, is Trenton Square at Ballston. Down tree-lined streets, the townhome community of Trenton Square provides the perfect balance to the cosmopolitan cadence of Ballston, creating a relaxing and spacious place to live. This boutique community of just 19 townhomes is selling quickly and won’t last long. Make an appointment to visit our beautifully decorated model today, and lock in today’s low mortgage rates with our homes available for immediate delivery.
The homes at Trenton Square would make anyone in D.C. envious. Four levels of luxury and elegance, and with the space and comfort to stretch your legs, take a deep breath and bathe in the light pouring through all the large windows.
The entry level is all about productivity. A two-car garage protects your vehicles and gives you some extra flex space, should you need it. Dedicated office space lets you easily work from home without taking over the dining room table.
The next two levels provide fuel, fun and recharging. A designer kitchen with quartz countertops, stainless steel appliances and a large island will inspire many delicious meals. A spacious dining and family room fill out the floor, providing all the room you need to entertain. Above that, on the third floor, is your owner’s suite. Decadent. Refreshing. A sanctuary within a sanctuary.
The fourth floor is special, because that’s where a large and airy loft space leads out onto your private outdoor terrace. Dine under the stars, dance with the rising sun or share a glass of wine and a good book with the fresh air. Your private terrace provides the ultimate natural recharge.
Just around the corner from home, right down the road, you’re back in the heart of Ballston. All the best dining, shopping and entertainment await you. Any flavor you crave can be found within five blocks at one of over 80 restaurants. Scores of essential services and boutique shops are ready to brighten your home and life. Parks, movie theaters, immersive virtual experiences and even an ice rink (home of the Washington Capitals) — can’t get much cooler than that!
4 levels, 3 bedrooms, 3.5 baths, 2-car garage, beautifully finished — from $974,900
Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.
For this week’s edition of Boring Title, we give three reasons why you should consider refinancing your mortgage now.
The first, and most obvious reason, is so you can lower your monthly payment. Depending on when you purchased the property — or even when you last refinanced in the past — you could potentially save hundreds of dollars on your mortgage payment each month.
The second reason you should consider refinancing your property is if you would like to shorten the length of your mortgage. You may pay a slightly higher monthly payment, but your interest will go way down and you can pay off your mortgage sooner.
The third reason why you should consider refinancing is to pull cash out of your equity with a cash-out refinance. With a cash-out refinance, you refinance your mortgage and borrow money at the same time. There are no restrictions on how you use the proceeds, and during these tough times, many people may be able to benefit from freeing up some extra cash.
Are you interested in refinancing but don’t know where to start? We know a ton of the top mortgage lenders around the DMV. Reach out to us at the email below to get connected to a great lender!
Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!
As we ease into 2021, Arlington’s real estate market continues to look strong. This past week, 31 properties were reported sold across the county, up slightly from last week.
As of last month, there were 622 homes listed for sale in Arlington, according to Homesnap. This includes 427 condos, 146 detached homes and 49 townhomes.
“The median list price is $549,450 and the median sales price is $615,000,” Homesnap reports. “There have been 136 new listings in the last 4 weeks and 239 sales.”
Here are a few of the properties sold in the past seven days:
- 2309 N. Tuckahoe Street — 5 BD/4.5 BA — $1,543,627
- 1504 N. Highland Street — 3 BD/2.5 BA — $1,220,000
- 3311 20th Street N. — 4 BD/3 BA — $1,072,000
- 4605 24th Street N. — 3 BD/2 BA — $922,879
- 3303 S. Kemper Road — 3 BD/3.5 BA — $799,000
- 4422 36th Street S. — 2 BD/2 BA — $579,900
- 1736 N. Rhodes Street, #5291 — 1 BD/1 BA — $271,000
- 900 N. Taylor Street, #1811 — 1 BD/1 BA — $118,000
BizLaunch is pleased to officially announce its latest initiative to help small businesses during the health pandemic, ReLaunch, which kicks off this month with a webinar on Jan. 27. As part of the ReLaunch efforts, local businesses will have the opportunity to apply for a complimentary suite of business services and technology assistance to help their business in the upcoming months.
If you’d like to be sent a notification about the upcoming initiative or to learn more about what’s happening in the small business community in Arlington, please sign up for our BizLaunch newsletter. We hope you apply!
Paycheck Protection Program Update
On Monday Jan. 11, the U.S. Small Business Administration (SBA) reopened its Paycheck Protection Program (PPP) for new PPP borrowers. Starting today, small businesses that have received PPP funding previously are able to apply for additional PPP funding accessing what is called a Second Draw PPP Loan.
In order to promote access to capital, only community financial institutions are able to make First Draw and Second Draw PPP loans this week. Community financial institutions include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs) and Microloan Intermediaries. To help borrowers prepare, sample applications for both the First Draw and Second Draw PPP loans are available on the SBA’s website.
In Arlington, two of our CDFI partners, Latino Economic Development Center and ECDC Enterprise Development Group, are both participating in the program, and businesses that don’t currently have a relationship with a 7(a) lender are able to apply. Shortly thereafter, the program will open to all participating PPP lenders, and all eligible businesses will be able to apply for the program. Businesses should consult with their financial institution, and visit the SBA’s website to learn more about the Paycheck Protection Program in order to take advantage of this resource.
Meet Riley Finn, Arlington’s newest Pet of the Week. He’s a friendly 12-year-old Labrador-Rottweiler mix.
Here’s what Riley Finn had to say about his life in Arlington Highlands:
Hi. My name is Riley Finn. Yes, mom named me after a character in “Buffy the Vampire Slayer.” I am a 12-year-old three-quarters Labrador and one-quarter Rottweiler mix. I have lived in Arlington Highlands since I was 12 weeks old. I was adopted from A Forever Home rescue. Mom couldn’t resist my “dinner plate” sized paws.
My most favorite pastimes are anything having to do with a tennis ball (catching, carrying, retrieving). I also enjoy hanging out on my front porch watching the world go by and scaring the heck out of delivery people.
I am super friendly and really well behaved. I like going to restaurants with mom and dad. One time I was so quiet and good that the waiter didn’t even notice I was there until the end of the meal. (Did I mention I’m 90 pounds and hard to miss?) Everyone comments on how handsome I am and that makes me happy.
My sister, Molly, taught me how to tell time before she went to doggy heaven. Now I know exactly when it’s time for dinner or my 9 p.m. treat, and I make sure everyone knows I am starving.
Want your pet to be considered for the Arlington Pet of the Week? Email [email protected] with a 2-3 paragraph bio and at least 3-4 horizontally-oriented photos of your pet. Please don’t send vertical photos — they don’t fit in our photo galleries!
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.
We’ve made it through one of the slower times of the year.
In the heart of Hanukkah, Christmas, New Year activities and everything in between, folks typically aren’t pushing the gas on their real estate aspirations. Now, nearly two weeks into 2021, we are starting to see things rev up again.
After a few weeks of steady declines on the listings front, we’ve seen our first uptick on detached home, townhouse and condo listings. Additionally, the number of Just Reduced properties has skyrocketed more than 200% over last week (from 12 to 36).
What’s between the numbers, you ask?
With the holidays in the books, folks are resetting and kicking things into high-gear to get properties sold. So, if you are in the market for buying, now is a wonderful time for you.
When you’re ready to embark on your real estate journey, the time-tested team at Arlington Realty, Inc. is ready to advocate and negotiate on your behalf.
And now on to this week’s Just Reduced figures…
As of January 11, there are 104 detached homes, 42 townhouses and 280 condos for sale throughout Arlington County. In total, 37 homes experienced a price reduction in the past week, including:
- 1881 N. Nash Street #1411, 22209 — NOW: $1,875,000 (Reduced: $75,000 on 1/10)
- 5840 18th Street N., 22205 — NOW: $1,475,000 (Reduced: $25,000 on 1/8)
- 3636 N. Monroe Street, 22207 — NOW: $1,250,000 (Reduced: $50,000 on 1/8)
- 3650 S. Glebe Road #639, 22202 — NOW: $649,000 (Reduced: $30,000 on 1/9)
- 5725 7th Street N., 22205 — NOW: $625,000 (Reduced: $25,000 on 1/11)
- 880 N. Pollard Street #601, 22203 — NOW: $585,000 (Reduced: $5,000 on 1/8)
- 1020 S. Barton Street #262, 22204 — NOW: $440,000 (Reduced: $10,000 on 1/8)
Please note 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 is a sponsored column by attorneys John Berry and Kimberly Berry of Berry & Berry, PLLC, an employment and labor law firm located in Northern Virginia that specializes in federal employee, security clearance, retirement and private sector employee matters.
By John V. Berry, Esq.
We represent many employees in the workplace and individuals in administrative and civil forums. The unthinkable Capitol riot that took place on January 6, 2021, will lead to many serious consequences for the individuals who took part. While the full extent of what happened is still being investigated, there will be many consequences for those identified as being involved in the illegal riot in the Capitol.
These may include, but are not limited to the following:
1. Loss of Employment
Whether or not the individual involved is convicted, charged or just identified as being involved in the illegal activities in the Capitol on January 6, 2021, they can be fired from their employment. Private and public sector employees can be easily fired for their participation in the Capitol riots. There is no First Amendment protection for their actions.
2. Loss of Security Clearance
Aside from the issue of termination from employment, an individual that was involved and identified as being part of the Capitol riot on January 6, 2021, almost certainly will face the potential loss of their security clearance or a future inability to hold one. Whether the issue is criminal or just misconduct, individuals that hold or plan to hold a security clearance will likely have significant issues.
3. Criminal Charges
A number of the Capitol rioters have already been charged criminally for their actions on January 6, 2021. There is reason to suspect this list will grow significantly in the weeks to come as the FBI continues their work.
Depending on whether the individual is charged with (1) knowingly entering or remaining in a restricted building without law authority; (2) theft; (3) vandalism; (4) disorderly conduct; (5) violence (the murder of U.S. Capitol Police Officer Brian D. Sicknick) (or assault on a federal law enforcement officer or a member of Congress); or (6) seditious conspiracy, there are major criminal penalties that await many of the rioters.
This is just a sample of the potential criminal charges that could be filed by prosecutors against Capitol rioters.
4. Placement on the No Fly List
Another consequence that individuals participating in the Capitol riot likely did not consider is that some appear to now being placed on the “No Fly List.” The No Fly List is a list created and maintained by the United States Terrorist Screening Center (TSC) of individuals who are prohibited from boarding commercial aircraft for travel within, into or out of the United States.
Already it looks as if some individuals have had difficulties returning home from Washington, D.C. after their participation in the Capitol riot. It can be extremely difficult to ever be taken off this list after being placed on it.
For those Capitol rioters who engaged in violence or other actions that hurt others, they are likely to face civil lawsuits when they are identified. Insurers will be unlikely to defend them so rioters will face significant legal and liability costs. Others who did not participate in violence towards others but were present may also be called as witnesses and be dragged into multi-year litigation.
This is just an interim list of consequences for Capitol rioters as there are a number of other potential consequences they may face in the days and months to come as a result of their actions.
The Capitol riot was a horrific event that caused at least two police officers to tragically lose their lives, more than 50 other police officers to be injured, in addition to a number of rioters who lost their own lives. Those who participated in the Capitol riot are going to face a number of legal consequences as a result of their actions.
This regularly-scheduled sponsored column is written by the Arlington Initiative to Rethink Energy team (AIRE). This county program helps you make smart energy decisions that save you money and leaves a lighter footprint on the environment.
Late last year, the Arlington County Board adopted sweeping updates to the Community Energy Plan, setting ambitious targets for transforming the county’s energy sector.
Some highlights of Arlington’s Community Energy Plan (CEP) include:
- Set goal of a carbon-neutral Arlington by 2050
- Government operations to achieve 100% renewable electricity by 2025
- Community to achieve 100% renewable electricity by 2035
- Consider energy equity during implementation
County staff are working to finalize the Implementation Plan to reach CEP goals. We need your input on the draft Community Energy Plan Implementation Framework.
Visit the Implementation Framework engage page to provide your feedback. There, you’ll find background videos, additional information and a button at the bottom to provide input directly on the draft Implementation Framework.
Comments are being accepted until February 1, 2021.
Thank you for all of the community effort to update the Community Energy Plan.
We look forward to finalizing the Implementation Framework to help reach Arlington’s ambitious goals in the coming years.
Looking for a home? There are plenty of houses and condos open for viewing this weekend.
1700 Clarendon Blvd, #158
2 BD/2 BA, 1 half bath condo
Agent: KW Metro Center
Open: Sunday, 2-4 p.m.
3232 7th Street S.
5 BD/5 BA, 1 half bath single-family home
Agent: Long & Foster Real Estate
Open: Saturday, 1-3 p.m.
1331 19th Road S.
4 BD/3 BA, 1 half bath single-family home
Agent: TTR Sotheby’s International Realty
Open: Saturday, 1-3 p.m.
2022 N. Westmoreland Street
4 BD/3 BA, 1 half bath townhouse
Agent: eXp Realty, LLC
Open: Sunday, 1-4 p.m.
6142 Lee Highway
4 BD/3 BA, 1 half bath single-family home
Open: Sunday, 1-3 p.m.
5109 11th Street S.
3 BD/2 BA single-family home
Agent: RE/MAX Allegiance
Open: Sunday, 2-4 p.m.
2528 S. Walter Reed Drive, #3
2 BD/2 BA, 1 half bath condo
Agent: Bluestone Realty
Open: Sunday, 1-3 p.m.