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Just Reduced Properties in Arlington: September 25, 2024

By Sponsor

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.

As of September 23, there are 126 detached homes, 34 townhouses and 163 condos for sale throughout Arlington County. In total, 35 homes experienced a price reduction in the past week, including:

2511 16th Street N

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.

Biz Talk: Free Arlington events address entrepreneurs’ unique challenges

By Sponsor
Building Your Dream Team

This article is sponsored by the Business Investment Group of Arlington Economic Development.

Arlington Economic Development (AED) is excited to be continuing its partnership with Citrine Angels, the largest female-focused angel investing organization in the mid-Atlantic region pledged solely to the support of women-led ventures.

With a shared goal to boost entrepreneurship and startup activity in Arlington, AED and Citrine Angels are hosting two free, educational events designed to tackle challenges facing entrepreneurs today.

The first of the two events will take place TODAY, Wednesday, September 25, and will feature a panel discussion amongst an experienced panel of VCs, entrepreneurs, and fractional/outsourced executives. These experts will discuss what it takes to build the optimal team to make your idea a reality.

We invite you to join us TODAY for Building Your Dream Team in Ballston at 5:30 p.m. Registration is now closed, but walk-ins will be welcomed!

In two weeks, we will also be holding an “ask me anything” event on the topic of turning your idea into a business. Come with questions and a group of experts will be available to share their insights. Experts currently work in the human resources, law, finance and accounting fields.

Learn more and register for our Ask Me Anything: Turning Your Idea into a Business event here to join us on Wednesday, October 9 at 5:30 p.m.

Ask Eli: Fed cut rates, mortgage rates went… up?

By Sponsor

This regularly scheduled sponsored column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at Eli@EliResidential.com.

Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.

Question: How much did mortgage rates drop after the fed cut rates last week?

Answer:

The Fed Cut Rates and Mortgage Rates… Went Up?

Last week, the Federal Reserve cut the fed funds rate by 0.5%, more than the 0.25% some expected. Great news for mortgage rates, right? Wrong.

Despite the large rate cut by the Fed, mortgage rates actually increased each of the next two days. Why?

To understand this, you need to understand that mortgage rates are not directly tied to the fed funds rate but are influenced by something else: the 10-year Treasury yield.

The Fed Funds Rate vs. Mortgage Rates

The fed funds rate is the interest rate banks charge each other for overnight loans. The Federal Reserve adjusts this rate to control inflation and guide economic growth. When they cut the rate, it makes borrowing cheaper in the short term, encouraging spending and investment.

However, long-term interest rates, like mortgage rates, don’t directly follow the fed funds rate. Instead, they are more closely linked to the yield on the 10-year Treasury note. The 10-year Treasury is market driven, as opposed to the fed fund rate controlled by the Federal Reserve, and its yield reflects investor expectations about future inflation, economic growth, and overall risk in the economy.

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On Board: One-day training opportunity to elevate nonprofit board leadership

By Sponsor
On Board 2024

Effective board management is crucial to ensuring a nonprofit’s success.

On Thursday, October 24, the Leadership Center of Arlington is offering its On Board program, a one-day training for current and aspiring nonprofit board members and nonprofit leaders with direct board responsibilities. This training equips leaders with the inspiration, tools, and resources to elevate and maximize their board service.

Learning from a variety of field experts and class discussions, participants will come away with a clear path for effective and meaningful board management and service, and an understanding of the following:

  • Landscape of nonprofit boards today
  • Key trends affecting nonprofits and their leaders
  • Integration of diversity, equity, inclusion, and belonging into the mission, composition, and work of the organization and board
  • Core functions and responsibilities of a nonprofit board
  • Importance of solid and healthy governance
  • Understanding and value of clear swim lanes between boards and executives
  • Elevation of personal and professional presence and contributions
  • Resources for further learning

The training program is held from 8:45 a.m.-4 p.m. at Arlington County Department of Human Services in Arlington, Virginia and costs $150 per person.

Lunch is included in the registration price, and during lunch, there is an opportunity to network with executive directors from Volunteer Arlington nonprofit partners.

Register for the Leadership Center of Arlington’s upcoming On Board training on Thursday, October 24.

Learn more and register today

Unlock your child’s potential with JDS Psychoeducational Services

By Sponsor
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At JDS Psychoeducational Services, Dr. Siddall specializes in empowering children and families through expert executive functioning support and comprehensive special education advocacy.

He is dedicated to helping children thrive both academically and personally by offering tailored strategies that enhance focus, organization, and self-management skills.

Whether your child needs help navigating challenges related to ADHD, learning disabilities, or executive functioning deficits, or you’re seeking guidance with IEP and 504 Plan development, Dr. Siddall is here to support you every step of the way. His consulting services provide personalized advocacy, ensuring your child receives the accommodations and resources they need for success in school and beyond.

Visit jdspsychoed.com to learn more and schedule a free, 15-minute consultation session to see if our services are right for you!

Book Your Free Consultation!

Just Sold Condos in Arlington: September 19, 2024

By Sponsor

Each week, “Just Sold Condos” spotlights condos in Arlington that have sold over the previous week. The market summary is crafted by Rick Bosl, the Arlington Condo Expert, founder of ArlingtonCondo.com, and an agent with KW Metro Center. Contact Rick and make your next move the right move.

Welcome to Just Sold Condos in Arlington!

Last week there were only 9 condos that went to settlement. That reflects low inventory and interest rates above six percent. Part of the reason for the low inventory is the low interest rates many current homeowners have.

Of the nine condos that sold, one seller bought their condo with cash while the other eight owners financed their purchase.

The original loan, interest rate and balance at the time of sale were:

Loan, Interest Rate and Balance

For more info on the sold properties, visit ArlingtonCondo.com Just Sold Condos page.

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Small Business Focus:
Arlington ARTWALK returns October 5

By Sponsor
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This column is sponsored by BizLaunch, a division of Arlington Economic Development.

The third annual “Arlington ARTWALK” welcomes back galleries, artist studios and public art between Clarendon and Ballston.

This year, look for more exhibits, workshops, an artisan market, music and a celebration of the 40th anniversary of Arlington Public Art. Check out the ARTWALK on Saturday, October 5, from 4-7 p.m. Use the newly released Arlington Public Art Walking Tour map for the rest of the year to discover art at your own pace. With nearly 80 permanent projects, Arlington Public Art enhances our community’s unique sense of place.

The Arlington ARTWALK is a self-guided art experience that connects local galleries, artist studios and cultural events. During the walk, gallery hours for participating organizations will be extended so that our friends, neighbors and artists can enjoy the exhibits. Arlington ARTWALK is a free public event that allows people to experience the various arts of Arlington, featuring local artists and exhibitions in several different venues.

Visitors can enjoy multiple exhibits and sites in one day. Along this vibrant creative corridor, discover galleries, an artisan market, live music, demonstrations, family-friendly activities and stop-worthy public art installations.

This year’s event brings back favorites: ARC 3409 studios, Fred Schnider Gallery, Mason Exhibitions, WHINO, The Shop at Arlington Public Library, Northside Social Arlington, public art installations and GMU Mason Square activities, and a special Made in Arlington Market at Museum of Contemporary Art (MoCA) Arlington, to honor its 50th anniversary.

Be sure to check out “Art After Hours at MoCA” to celebrate the national biennial exhibition and other fall shows from 12-8 p.m. and featuring a reception with a cash bar from 5-8 p.m. that evening.

If you are looking for other unique activities after hours, head to WHINO, opening at 5 p.m. Part art gallery, part restaurant, and all vibe, WHINO tops off the ARTWALK with artists HKS 181 on exhibit.

Or jump-start the ARTWALK on Thursday, October 3, with the Arlington Art Truck and artist Scott Pennington at Welburn Square Mega Market from 3-7 p.m.

No matter where you start or end your ARTWALK tour, keep these gems on your cultural go-to list throughout the year.

Just Reduced Properties in Arlington: September 18, 2024

By Sponsor

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.

As of September 16, there are 124 detached homes, 39 townhouses, and 173 condos for sale throughout Arlington County. In total, 19 homes experienced a price reduction in the past week, including:

6028 4th Street N

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.

Ask Eli: Save on your condo/HOA budget by reviewing the master insurance

By Sponsor

This regularly scheduled sponsored column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at Eli@EliResidential.com.

Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.

Question: We are finalizing our 2025 condo budget. Do you have any advice for ways to save money?

Answer: As a former Condo Board Treasurer, I feel the pain that this time of year brings, so I’m happy to offer some advice that helped me find savings while I oversaw the budget and has helped other Associations do the same… review your Master Insurance Policy.

I know, it’s not the most exciting answer, but your insurance policy is likely a top three expense every year and if you haven’t reviewed it lately, there’s a good chance you can cut the cost by 10% or more and probably improve your coverage at the same time.

I’m not an expert in insurance so, I asked Andrew Schlaffer, President of ACO Insurance to provide some details on what Boards should look for when they do a review of their Master Policy. If you’d like to discuss a review with Andrew directly, you can reach him at 703-595-9760 or [email protected]. Take it away Andrew…

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Just Sold Condos in Arlington: September 12, 2024

By Sponsor

Each week, “Just Sold Condos” spotlights condos in Arlington that have sold over the previous week. The market summary is crafted by Rick Bosl, the Arlington Condo Expert, founder of ArlingtonCondo.com, and an agent with KW Metro Center. Contact Rick and make your next move the right move.

Welcome to Just Sold Condos in Arlington!

Last week, September 2-8, we had 11 condos and co-ops that went to settlement, ranging in price from $339,500 for a 2 bedroom/1 bathroom condo at the Lancaster on Columbia Pike to $715,000 for a 3 bedroom/3 bathroom townhouse style condo at Windgate in Shirlington.

Only one of the 11 sales was on the market for more than 21 days. Not only did the other ten sell in a short amount of time, but they sold for nearly 100% of the asking price. What did these sellers know that resulted in these sales? Read “What Savvy Sellers Know” below.

For a complete list of what sold recently, along with detailed stats and listing information, visit ArlingtonCondo.com Just Sold Condos page.

Hartford

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Legal Insider: Protecting veterans’ rights at the merit systems protection board under USERRA & VEOA

By Sponsor

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 Melissa L. Watkins, Esq.

When someone performs uniformed military service, certain protections are granted when it comes to their seeking and performance of civilian federal employment. Two important sources of protection for veterans are the Uniformed Services Employment and Reemployment Rights Act (USERRA) and Veterans Employment Opportunities Act (VEOA).

What is the USERRA?

USERRA is a federal law that protects military service members and veterans from employment discrimination on the basis of their service, allows them to regain their civilian jobs following a period of uniformed service, and ensures that they are not disadvantaged in their civilian careers because of their military service.

What is VEOA?

VEOA is a federal law that provides certain federal employees and applicants with a means of redress in the event that a federal executive agency violates the employee’s or applicant’s veterans’ preference rights. The Office of Personnel Management’s VetGuide provides a comprehensive list of campaigns and expeditions which qualify for veterans’ preference and insight on the types of veterans’ preference.

How to File an USERRA or VEOA Claim

A federal employee claiming a violation of USERRA may file a complaint with the U.S. Department of Labor (DOL), who will investigate the complaint and attempt to resolve the issue. Federal employees who believe their USERRA rights have been violated by an agency may alternatively (and often preferred) file an appeal directly with the MSPB. While there is generally no statute of limitations on USERRA claims, it is important to file them as soon as possible because those filed more recently will generally be viewed more credibly.

Under VEOA, before an individual can file a VEOA appeal with the MSPB, she/he must first file a complaint with the Secretary of Labor. After filing a complaint with the Secretary of Labor, an individual can pursue the case at the MSPB once 60 days has passed without a decision or within 15 days of receiving written notification from the Secretary of Labor that the Secretary has been unable to resolve the complaint. Unlike with USERRA, there is a deadline for filing a VEOA complaint with the Secretary of Labor. A VEOA complaint must generally be filed with the Secretary of Labor within 60 days of the VEOA violation.

Remedies for USERRA or VEOA Violations

If successful in an MSPB case based on either USERRA or VEOA, the following types of remedies are often available:

  1. Correction of any unlawful employment action taken or not taken (USERRA)
  2. Ordering the Agency to comply with the statute or regulation that was violated (VEOA)
  3. Repayment of any loss of wages or back-pay (both USERRA and VEOA)
  4. The award to a federal employee of reasonable attorney’s fees, expert witness fees, and other litigation expenses (both USERRA and VEOA)

Contact Us

Our law firm represents and advises federal employees in USERRA and VEOA appeals. If you need legal assistance regarding an USERRA or VEOA claim or another employment matter, please contact our office at (703) 668-0070 or at www.berrylegal.com to schedule a consultation.

Just Reduced Properties in Arlington: September 11, 2024

By Sponsor

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.

As of September 9, there are 133 detached homes, 34 townhouses, and 165 condos for sale throughout Arlington County. In total, 29 homes experienced a price reduction in the past week, including:

3709 14th Street N.

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.

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