The sky became noticeably darker as peak eclipse approached around 3:20 p.m. Scattered applause broke out from visitors donning eclipse glasses to watch the rare celestial event. Beyond Rosslyn, another public viewing was held at the GMU campus in Virginia Square.
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: Does the cost of renting a home in Arlington increase at a similar rate as the cost of buying a home in Arlington?
Answer: The cost of renting and buying a detached home increases at a similar rate, but the cost of renting a condo has outpaced the cost of buying a condo.
Condo Rents Rising Faster than Condo Prices
Since 2020, the cost of renting a detached home in Arlington increased at a similar rate as the cost of buying a detached home; 26% and 28%, respectively.
However, the cost of renting a condo increased significantly faster than the cost of buying a condo; 21% and 6%, respectively.
Sale Price to Rental Rate Multiple Shifts with Interest Rates
The table below shows the average price and $/SF of buying a detached home or condo relative to the average annual rent for a detached home or condo, in Arlington. Higher multiples show that buying is becoming more expensive relative to renting.
Takeaway: Condo buyers are more rate sensitive than detached home buyers and are more likely to rent (higher rental demand = strong condo rent appreciation) than buy (weakened purchase demand = low condo value appreciation) when interest rates increase. Notice how quickly the sale price to rental rate multiple drops from 2020/2021 to 2022/2023 (rates skyrocketed spring/summer 2022). (more…)
Nicole 'Nikki' Reed with her husband Mike, son Eli and daughter Sylvia (courtesy photo)
Tuckahoe Elementary art teacher Nicole ‘Nikki’ Reed passed away “quietly and peacefully” surrounded by family and friends last month after an eight-month battle against a rare and aggressive form of brain cancer.
“Friends and Family, this is a post that we knew would come eventually, but we all thought we had more time. Our valiant fighter, Nikki, has taken the path of peace,” Janet Doyle wrote on her friend’s CaringBridge blog last month.
Police on scene of a carjacking in Pentagon City in 2021 (staff photo by Jay Westcott)
Compared to 2022, vehicle thefts are trending down in all Arlington zip codes except one: 22202.
Crystal City and Pentagon City have emerged as a vehicle theft hotspot in Arlington County, accounting for about half of all stolen cars so far this year.
Join us in remembrance and celebrate our community at the City of Falls Church’s 44th Annual Memorial Day Parade and Festival on Monday, May 25, 2026. Honor our nation’s fallen heroes and our country’s rich history while marking the 250th anniversary of the United States of America!
A local chef will appear on one of the nation’s most popular reality TV cooking shows later this month.
On Tuesday, April 16 at 8 p.m., Adam Hoffa, the executive chef at Pirouette Café & Wine Shop in Ballston, will go head-to-head with three other chefs in a high-stakes culinary showdown on Food Network’s “Chopped.”
Tara Hoot and Freddie Lutz at Freddie's Beach Bar (courtesy Freddie Lutz)
A “Family Fun Story Time Brunch” featuring a drag performer was disrupted Saturday by protests and a bomb threat.
About an hour before the event was scheduled to start at Freddie’s Beach Bar (555 23rd Street S.) the venue received an email threatening the performance and owner Freddie Lutz’s home, Lutz told ARLnow exclusively on Sunday.
April clouds over the Bluemont Junction Trail (Flickr pool photo by Tom Mockler)
Local Eclipse Events Today — “Although Arlington won’t be in the path of totality running from Texas to Maine, we’ll be getting 87% coverage around 3:20 p.m. on Monday, April 8. The National Weather Service currently predicts partly cloudy skies… The Rosslyn Business Improvement District is hosting a free viewing event at Gateway Park from 2-4 p.m. The event, a collaboration with the Northern Virginia Astronomy Club, will include music and lawn games at 1300 Langston Blvd.” [ARLnow, Event, Event]
Reminder: Eclipse Eyewear Required — “Always inspect your eclipse glasses or handheld viewer before use; if torn, scratched, or otherwise damaged, discard the device. Always supervise children using solar viewers. Do NOT look at the Sun through a camera lens, telescope, binoculars, or any other optical device while wearing eclipse glasses or using a handheld solar viewer — the concentrated solar rays will burn through the filter and cause serious eye injury.” [NASA]
Amazon Fresh in Crystal City, prior to opening in 2022 (staff photo by Jay Westcott)
Crystal City is losing what is currently its only grocery store.
The Amazon Fresh store that opened in July 2022 at 1550 Crystal Drive will close after Sunday, ARLnow has learned. Multiple readers told us yesterday that the store had launched a sudden, massive sale.