Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”
Arlington’s blistering heat wave this week hasn’t slowed down the real estate market.
(Updated at 1:10 p.m.) Arlington County — and much of the surrounding area — is under an Excessive Heat Warning today and Saturday, and an Excessive Heat Watch on Sunday.
Sweltering temperatures and high humidity will result in dangerous conditions for anyone spending time outside, forecasters say.
Welcome to Kami’s Korner where we’ll take a deep dive into Arlington’s condominium market by focusing on what’s coming next. From emerging developments to shifting trends, this space will spotlight the opportunities and insights shaping the future of condo living in Arlington.
To understand where the market is today, let’s look at how the condo market has changed. What began as an affordable housing alternative for first-time homebuyers has become the pinnacle of true luxury urban living typical of a world-class city. Let’s explore the 20-year evolution of new condos in Arlington.
Early 2000s: Affordability Focused. Condominiums in the early 2000s were aimed primarily at first-time homebuyers. Affordability was key and this type of housing in Arlington wasn’t glamorous quite yet. The market was steady and interest rates, at just under 7% in 2001, were deemed attractive. Most buildings had 100- 200 units and the average size for a new condominium in Arlington was 950 sq ft.
Mid-2000s: Market Heats Up. In 2003 the market began to pick up speed, fueled by the abundance of financing and essentially loans that required no documentation or proof of affordability. During this time Ballston saw several apartment to condo conversions. Condo units were generally designed as apartments so unit sizes were smaller among all unit types. Finishes were acceptable but not great. This is when granite countertops became the epitome of quality.
New builds like Liberty Center in Ballston shifted the average size down while finish quality and livability of design improved. It was probably the best building of that generation. Like many others at that time there was a rush to buy and buildings were very successful in pre-sale. (more…)
Residents of Arlington will have a number of chances to weigh in on the next steps for the Ballston Harris Teeter redevelopment.
The Arlington County Board unanimously approved scheduling a public hearing related to developer Southeastern’s request to rebuild the grocery store as a ground-floor retail space with five stories of apartments up top — as well as build a second, eight-story apartment building next to it and a half-acre public park.
Some 600 homes and businesses along Lee Highway, north of Courthouse, are without water service this afternoon.
Officials say a water main break on the 2000 block of N. Adams Street has partially closed the road and knocked out water service to hundreds. Repairs on the 6-inch line are expected to be completed by 9 p.m.
Tree Steward Fall Training Applications Open
Residents worried about our urban forest, their neighbor’s tree, or the declining oak in their own yard can apply now for a seven-week course to learn about trees and become a volunteer Tree Steward with Tree Stewards of Arlington and Alexandria.
The expanded EvolveAll fitness studio near Columbia Pike is now open, after missing the mark on its original goal to open in May.
Owner Emerson Doyle said that the company had problems “trying to line up getting out of our old lease, coordinating the move, finishing the build out, and getting our [certificate of occupancy] with Arlington County.”
Arlington resident Roey Hadar, a 23-year-old journalist at WETA-TV in Shirlington, is a Jeopardy champion.
During last night’s episode of the long-running quiz show, which was originally taped in March, Hadar topped five-time champion Sam Kavanaugh, a teacher from Minneapolis, and Jennifer Abel, a graduate student from Vancouver, British Columbia. Hadar walked away with $23,600 in daily winnings, having correctly answered two pivotal Daily Double questions.
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, Mike Madigan chats with Ryan Maghan from MVB Mortgage. Ryan Maghan gives a brief update on how the real estate market has looked in July.
Faster wireless networks may be coming soon to a street near you, thanks to a new vote from the Arlington County Board.
The County Board approved an ordinance change to allow wireless carriers to install the small-cell technology needed to deploy 5G on public property. This paves the way for carriers to begin installing the necessary antenna systems on light poles throughout the county.
(Updated at 10:10 a.m.) Dutch artist Gijsbert Kok plays an instrument similar to an organ — except it controls bells instead of pipes.
The instrument is called a carillon and Kok will be playing it during his performance at the Netherlands Carillon, near Rosslyn and the Iwo Jima memorial, this Saturday (July 20).
