Arlington’s coronavirus metrics are pointing in the right direction, though there remains a baseline of new cases in the county.
The county’s test positivity rate is now 3.1%, down from 5.1% on Sept. 1, according to the latest Virginia Dept. of Health data.
(Updated at 3 p.m.) Some local businesses are making it through the pandemic just fine, but others are still struggling.
Restaurants — particularly those that rely on sit-down and bar business — are among the hardest hit. In New York City, a new report said that 9 in 10 restaurants couldn’t pay their August rent. Here in Arlington, one long-time local restaurant owner estimated in April that 30-40% of restaurants could ultimately close as a result of the pandemic.
This regularly scheduled 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 [email protected].
Question: How does home value appreciation vary in Arlington by property type?
Answer: The Arlington VA housing market has appreciated by an average price of 49% and a median price of 39% over a ten-year period, but that appreciation is not evenly distributed across all property types.
Detached Homes Appreciate Over 60%
Those who spend the most on a home benefit from the highest appreciation rates, with detached home appreciation of 60%+ over the course of a decade, and new detached homes appreciating the most of any property type, at 65%.
Condos Appreciate 1-2% Annually
The worst performing category over ten years in Arlington is the one-bedroom condo, with appreciation close to 1% annually and just 15% over ten years. Two-bedroom condos perform moderately better, with an average annual appreciation closer to 2% at 28% over ten years.
Townhouses are the Goldilocks Property Type
More expensive than condos and less expensive than detached homes, townhouse/semi-detached properties fall right in the middle of cost and ten-year rate of appreciation, coming in at 40% over ten years. (more…)
Crystal City Water Park to Get Big Upgrade — “JBG Smith Properties is pitching a major makeover for a small park at the heart of its Crystal City holdings, envisioning some new retail and even a bar atop a water feature. The developer filed plans with Arlington County earlier this month requesting an additional 6,100 square feet of density for the 1.6-acre park, located across the street from JBG Smith’s massive ‘Central District’ project at 1770 Crystal Drive.” [Washington Business Journal, Twitter]
Vote By Mail Facts — “The first round of vote-by-mail ballots have been sent to people who requested them, but it’s not too late to request yours. Ballot applications must be received by 5 p.m. on Oct. 23. To help you understand how voting by mail works — and feel confident in submitting your ballot — we’ve broken down the facts you need to know.” [Arlington County]
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.
Don’t let the weather fool you, the market is still HOT!
A collaborative Summer Solstice gathering hosted by Inner Seasons and Spiritual Enhancements.
The Summer Solstice marks the peak of the sun’s power, the moment in the Wheel of the Year when light is at its fullest expression. In many traditions, this is the season of radiance, visibility, and creative fire. It is the time when nature stands unapologetically in her fullness, inviting us to do the same.
A longtime Arlington boutique recently hosted “Chic in Shirlington,” an event for local women to model its clothes after seeing a decline in customers during the pandemic.
Sheyla’s Luxury Boutique has been a part of the Arlington community for 16 years, but over the past few months, Sheyla Voye, owner of the boutique, hasn’t seen many of her customers.
Arlington County has undergone drastic changes over the last 100 years to become what it is today.
In celebrating the county’s history and the 2020 census, County Manager Mark Schwartz will compare a snapshot of the area from 100 years ago and today’s Arlington during a virtual discussion.
At the beginning of this month, Metro took a step into the 21st Century by allowing SmarTrip to be added to Apple Wallets.
A Google spokesperson also said they plan to roll out a Google Pay version later this year. This move has significant short term benefits, some improvements that are needed to improve equity, and in the long term will provide a significant boost to the efficiency of our entire bus system.
As the nation continues to face a reckoning about race and police shootings, Arlington’s new Police Practices Group is seeking feedback on how local law enforcement is performing.
The work group has rolled out a community feedback form that allows Arlington residents to weigh in on topics like use of force, police training, body cameras, mental health, traffic enforcement and a potential civilian review board.
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 interviewed Cassidy Burns from Trent & Co.
